echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Cable raw materials (rubber) weekly report (4.5-4.8)

    Cable raw materials (rubber) weekly report (4.5-4.8)

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    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

    Natural rubber

    According to the monitoring data of the cable network, the spot price of domestic natural rubber standard rubber this week showed a volatile rise, and the average price of the natural rubber market on Monday remained at about 10360 yuan / ton, and the weekend was raised to 10520 yuan / ton, with an overall increase of 1.
    54%.

    This week, the shipment of tianjiao merchants is more positive, the overall market atmosphere of tianjiao is better, the transaction situation is relatively ideal, and the trading atmosphere is upward compared with last week
    .

    1234Next View full article
    1234Next View full article
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.