Issuing agency: China Association of the National Shipbuilding Industry
Column: Capacity Utilization Monitoring Index
source: https://www.cansi.org.cn/cms/document/10866.html
The China Shipbuilding Capacity Utilization Monitoring Index (CCI) in the third quarter of 2017 was 654 points, an increase of 47 points compared with 607 points in the third quarter of 2016, a year-on-year increase of 7.7%; compared with 649 points in the second quarter of 2017, an increase of 5 points, a month-on-month increase of 0.8%. The index has increased compared with the middle of the year, and is still in the cold range. Specifically, the shipping market continued to rebound in the third quarter. New orders are increasing month by month, the decline in orders held by key shipbuilding companies has narrowed, and leading indicators have increased significantly. However, synchronized indicators such as main business income and operating profit margins of key shipbuilding companies have declined slightly, and capacity utilization has improved slightly compared with the second quarter. It is expected that in the fourth quarter of 2017, the shipping market is expected to continue to rebound, the new shipbuilding market will continue to remain active, and China's shipbuilding capacity utilization monitoring index will increase slightly compared with the third quarter, and overall will still be in a cold range.
Figure China Shipbuilding Capacity Utilization Monitoring Index (Quarterly)
Notes: 1. China Shipbuilding Industry Economics and Market Research Center provides partial technical support; 2. China Shipbuilding Capacity Utilization Monitoring Index (quarterly) chart will display data for the past 4 years.