atgamesarcade| CITIC Construction Investment: The continued momentum for PPI repair during the year mainly came from export resilience and the adjustment of the supply of some overseas products
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[Citic Construction Investment: the sustained momentum of PPI repair during the year mainly comes from export resilience and the supply adjustment of some overseas products.] Securities Times e Company NewsAtgamesarcadeCitic Construction Investment News said that under the base effect, the trend of year-on-year repair of PPI readings in the second quarter is more certain. Since late April, with interest ratesAtgamesarcade...
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[Citic Construction Investment: the sustained momentum of PPI repair during the year mainly comes from export resilience and the supply adjustment of some overseas products] Securities Times e News, CITIC Construction Investment Research News said that under the base effect, the trend of year-on-year repair of PPI readings in the second quarter was relatively certain. Since late April, with the supply of interest rate debt, the physical workload of infrastructure projects has been effectively promoted, the domestic steel market supply and demand has partially improved, prices have risen, and the suppression of domestic black commodity prices on PPI in the second quarter may gradually slow down. The marginal repair of domestic investment superimposes the impact of a lower base last year, and there is a greater probability that PPI will continue to repair in the second quarter of this year compared with the same period last year. The continued momentum of PPI repair during the year was mainly due to export resilience and some overseas product supply adjustments. Since the beginning of the year, the boom-driven manufacturing sector is still in external demand, and the data of export-oriented industries are significantly better than those of other industries, which is simultaneously confirmed by industrial growth and PPI prices. In addition, supply factors periodically support the prices of some raw materials in the middle and upper reaches. Affected by the supply-side adjustment, the production capacity of some overseas commodities has shrunk, most obviously in the chemical industry and downstream (textiles and clothing).
