Cable raw materials (rubber) weekly report (5.9-5.13)

1.
Macroeconomic news

1.
The U.
S.
Department of Labor reported on Thursday that in the seven days from April 17 to 23, the number of jobless claims in the United States last week, known as "continuous unemployment benefits", was about 2.
12 million, down 8,000
from the previous week.
In addition, in the last week of April, initial jobless claims in the United States rose by 17,000 to 274,000, a five-week high
.
Despite the increase in initial jobless claims, the index has been below the 300,000 mark for the 61st consecutive week, the longest since
the Vietnam War.

The final value of the Eurozone composite PMI in February and April was 53, down 0.
1%
from the previous month.
The services PMI came in at 53.
1, unchanged from the previous month but slightly below expectations of 53.
2
.
From the perspective of the four largest economies in the euro area, France, Italy and Spain all increased their composite PMIs in April
.
France rose to 50.
2 from 49.
3 last month; Italy rose from 52.
4 to 53.
1; and Spain rose from 55.
1 to 55.
2
.
Germany's composite PMI fell to 53.
6 in April from 54 in the previous month, below expectations of 53.
8 and hitting an 11-month low
.

In March and April, the CPI increased by 2.
3% year-on-year, an increase of more than 2%
for three consecutive months.
April CPI rose 2.
3% year-on-year, 2.
3% expected, and 2.
3%
prior.
April PPI -3.
4% y/y vs.
-3.
7% expected and -4.
3%
prior.
In April 2016, the total level of consumer prices nationwide increased by 2.
3% year-on-year
.
Among them, urban increase by 2.
3%, rural increase of 2.
4%; Food prices rose by 7.
4% and non-food prices by 1.
1%; Consumer goods rose 2.
5 percent and services 2.
0 percent
.
On average from January to April, the total level of consumer prices nationwide increased by 2.
2 percent
over the same period last year.

Second, the analysis of natural rubber market trends