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    Home > Chemicals Industry > New Chemical Materials > August 2017 cable raw materials (rubber) monthly report

    August 2017 cable raw materials (rubber) monthly report

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    1.
    Macroeconomic news

    Heading into the second half of 2017, global manufacturing looks to be gaining momentum
    .
    The JPMorgan Markit Manufacturing Purchasing Managers' Index (PMI) released this week hit its highest level since April, further fueling industry sentiments about the outlook for the world economy
    .

    According to data recently released by the National Bureau of Statistics, in July 2017, the national consumer price (CPI) increased by 1.
    4% year-on-year, and the increase rate fell slightly; On average in January ~ July, the total level of consumer prices in the country increased by 1.
    4%
    over the same period last year.
    The monthly increase in the national industrial producer price index (PPI) remained stable at 5.
    5% year-on-year, the same
    increase for three consecutive months.

    The People's Bank of China will conduct a 7-day reverse repurchase operation of 100 billion yuan and a 14-day reverse repurchase operation of 80 billion yuan in the open market
    .
    The central bank open market will have 230 billion reverse repos expiring
    today.
    Last week, 750 billion yuan of reverse repurchase expired, including 230 billion, 70 billion, 220 billion, 100 billion and 130 billion yuan respectively from Monday to Friday
    .

    Second, the analysis of natural rubber market trends

    Natural rubber

    According to the monitoring data of the cable network, the spot price of domestic natural rubber standard rubber showed a slight upward trend
    this month.
    The average price of the Tianjiao market at the beginning of the month remained at about 14340 yuan / ton, and rose to about 14700 yuan / ton at the end of the month, and the overall increase was 360 yuan / ton, a range of 2.
    51%.

    Natural rubber merchants shipped positively this month, and the overall market atmosphere of natural rubber continued to be good
    .

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