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China FPI Index Report in July 2014

China Agriculture Report By CnAgri2014-09-24 09:32:00China Agriculture Report Print
According to FPI30 index and FPI flooring index the comprehensive FPI30 index was 47.0%, up 3.9% compared with last month. 4 out of 5 subindexes of FPI30 index declined and the other 1rose, and the production of advantage value was 43.8%,it indicated that the production of advantage of forest products enterprises represented by FPI30 saw a shrinkage trend in this month. The new order index was 45.8%, it indicated that the order of advantage of forest products enterprises represented by FPI30 increased in this month, but the increase speed slowed down, among that, the new export order index was 47.1% down 0.3% compared with last month indicating the increasing demand in board.

In June 2014, FPI floor comprehensive index was 47.6%, up 5.7% compared with last month. 4 out of 5 subindexes of FPI30 index increased and the other 1 decreased. FPI floor index development was the same with FPI30 index, and the production, new orders and the purchasing index narrowed among two months. In July, the advantage floor enterprises declined below critical value, and the demand in international market was week. Since April FPI index begun decline, while in July FPI index increased slightly, and the main reasons were as follows: first, since the beginning of this year, the house market was weak; second, the improvement of domestic economic increased slowly, and the shipment of port log and swine were also slow; third, July was the traditional slack season for manufactures, and influenced by the decline of production and order, FPI index declined. (Quotations from China's Green Times)













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