The China Chemical Industry Purchasing Managers Index (CCPMI) for July 2021 released by the Hazardous Chemicals Logistics Branch of the China Federation of Logistics and Purchasing and Mobei (Shanghai) Biotechnology Co., Ltd. was 52.28% with a MoM decrease of 1.03%. From the perspective of 18 sub-indexes, 3 indexes have increased month-on-month. Among them, the inventory of finished products with an increase of more than 5% has an increase of 5.42%; 9 indexes have declined, of which a decrease of more than 5% The purchase volume, production volume, and new orders fell by 7.23%, 6.63%, and 6.02% respectively; the other six indexes were the same as last month.

In July, the CCPMI index declined slightly on the line of prosperity and decline, and the delta mutant strain spread rapidly. Many countries have re-taken control measures. The domestic epidemic has once again shown signs of aggravation, suppressing demand space, and some refineries have blocked logistics due to the epidemic and weather.

1. The purchase volume index was 47.59%, a decrease of 7.23 percentage points from the previous month. From the perspective of enterprise scale, the purchase volume index of large and small and medium-sized enterprises is 60% and 54.67% respectively.

2. The purchase price index was 61.45%, a decrease of 4.22 percentage points from the previous month. From the perspective of enterprise scale, the purchase price index of large enterprises is 50%; the purchase price index of SMEs is 52.67%, which is higher than 50%.

3. The import index was 12.65%, a drop of 3.01 percentage points from the previous month. From the perspective of enterprise scale, the import index of large and small and medium-sized enterprises is 30% and 14% respectively, which are both lower than 50%.

4. The production volume index was 50%, down 6.63 percentage points from the previous month. From the perspective of enterprise scale, the production indexes of large and small and medium-sized enterprises are 60% and 55.33% respectively, both higher than 50%.

5. The fixed asset investment index was 50%, the same as last month. From the perspective of enterprise scale, the fixed asset investment index of large and medium-sized enterprises is 50%.

6. The employment index was 53.01%, an increase of 0.6 percentage point from the previous month. From the perspective of enterprise scale, the employee index of large enterprises is 50%; the employee index of small and medium enterprises is 50.67%, which is higher than 50%.

7. The safety education index is 60%, the same as last month. From the perspective of enterprise scale, the safety education index of large and small and medium-sized enterprises is both 60%, which is higher than 50%.

8. The project research index is 50%, the same as last month. From the perspective of enterprise scale, the project safety index of large and small and medium-sized enterprises is 50%.

9. The large, medium and small repair cost index was 70%, the same as last month. From the perspective of enterprise scale, the repair cost index for large, medium and small enterprises is 70%, which is higher than 50%.

10. The environmental protection index was 80%, the same as last month. From the perspective of enterprise scale, the environmental protection index of large and medium-sized enterprises is 80%, which is higher than 50%.

11. The finished product inventory index was 53.01%, an increase of 5.42 percentage points from the previous month. From the perspective of enterprise scale, the finished product inventory index of large enterprises is 50%, and the finished product inventory index of small and medium-sized enterprises is 52%, which is higher than 50%.

12. The raw material inventory index was 54.22%, an increase of 0.6 percentage point from the previous month. From the perspective of enterprise scale, the raw material inventory index of large enterprises is 60%, and the raw material inventory index of small and medium-sized enterprises is 52%, which is higher than 50%.

13. The new order index was 45.18%, down 6.02 percentage points from the previous month. From the perspective of enterprise scale, the new order index of large enterprises is 50%; the new order index of small and medium-sized enterprises is 52%, which is higher than 50%.

14. The new export order index was 20.48%, a decrease of 3.61 percentage points from the previous month. From the perspective of enterprise scale, the new export order indexes of large and small and medium-sized enterprises are 40% and 26% respectively, which are both lower than 50%.

15. The backlog of orders index was 46.39%, down 3.01 percentage points from the previous month. From the perspective of enterprise scale, the backlog order index for large enterprises is 50%; the backlog order index for small and medium-sized enterprises is 48%, which is less than 50%.

16. The ex-factory price index of main products was 54.22%, a decrease of 3.01 percentage points from the previous month. From the perspective of enterprise scale, the ex-factory price index of main products of large enterprises is 60%, which is higher than 50%; the ex-factory price index of main products of small and medium-sized enterprises is 42%, which is lower than 50%.

17. The reverse logistics index was 60%, the same as last month. From the perspective of enterprise scale, the reverse logistics index of large and medium-sized enterprises is 60%, which is higher than 50%.

18. The supplier delivery time index was 51.2%, a decrease of 1.81 percentage points from the previous month. From the perspective of enterprise scale, the delivery time index of large-scale enterprise suppliers is 50%, and the delivery time index of small and medium-sized enterprise suppliers is 50%.

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