Statistics in September 2023 show that the China's economy is growing and affecting the metal market.
In September 2023, China's purchasing managers' index (PMI) was recorded as 50.2 points. Additionally, China's non-manufacturing PMI score was 51.7. According to these statistics, the Chinese economy grew in September 2023.
In addition, aluminum stocks on the London Metal Exchange (LEM) have fallen by 17% since June. Additionally, the expansion of the manufacturing sector in September stabilized the outlook for the metal market in China.
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