April 2016 cable raw materials (rubber) monthly report

1.
Macroeconomic news

1.
The number of initial jobless claims in the United States in the week of April 8 was 267,000, continuing to remain at a record low
.
3,000 lower than expected and 9,000 lower than last week
.
The average number of jobless claims over the past four weeks was 266,750, up 3,500 from the previous value
.
The figure has been below 300,000 for 57 consecutive weeks, indicating a solid
labor market despite slowing U.
S.
economic growth.

2.
In March 2016, China's manufacturing purchasing managers' index (PMI) was 50.
2%, up 1.
2 percentage points from the previous month, returning to the expansion range
.
From the perspective of sub-indexes, among the five sub-indices that make up the manufacturing PMI, the production index, new order index, and supplier delivery time index are above the critical point, and the employee index and raw material inventory index are below the critical point
.

3.
The Eurozone Composite Purchasing Managers' Index (PMI) for manufacturing and services rose to a yearly high of 53.
7 in March, after 53
in February.
Not only did the index remain above the boom-bust dividing line of 50, but it was also above the median estimate of 53, indicating that eurozone economic growth is likely to accelerate
by the end of the first quarter.
In addition, the Eurozone services PMI rose to a yearly high of 54 in March, compared with 53.
3 in the previous month, while the manufacturing PMI rose to 51.
4
in March from 51.
2 in the previous month.

Second, the analysis of natural rubber market trends