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News
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Trade Service
1.
Macroeconomic news
1.
U.
S.
durable goods orders contracted 2.
8% month-on-month in February, better than expectations
of a 3% contraction.
After excluding durable goods for transportation, U.
S.
durable goods orders fell 1% month-on-month in February, and orders for non-defense capital durable goods excluding aircraft fell 1.
8% month-on-month, both worse than expected
.
U.
S
.
durable goods orders in January were 4.
9% month-on-month, the biggest increase in nearly a year.
From January to February, industrial producer prices (PPI) fell by 5.
1% year-on-year, a decrease of 0.
1 percentage points from 2015 and 0.
8 percentage points
from December 2015.
The narrowing of price declines had a positive impact
on corporate profit growth.
From January to February, the profits of industrial enterprises above designated size in the country increased by 4.
8% year-on-year, ending a year-long negative growth trend
.
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.
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 this week showed a slight downward adjustment, and the average price of the natural rubber market on Monday remained at about 11,000 yuan / ton, and fell to 10,600 yuan / ton over the weekend, with an overall decline of 3.
64%.
This week's shipments of natural rubber merchants are relatively slow, the overall market atmosphere of natural rubber is light, the transaction situation is not ideal, and the trading atmosphere is lower than last week
.
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