echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Cable raw materials (rubber) weekly report (6.13-6.17)

    Cable raw materials (rubber) weekly report (6.13-6.17)

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    1.
    Macroeconomic news

    1.
    Data released by the US Department of Labor on June 16 showed that the US CPI rose 0.
    2% month-on-month in May, less than the expected 0.
    3% increase, and the CPI increased by 0.
    4% month-on-month in April, when April's month-on-month growth rate hit the fastest
    since February 2013.
    Broken down, prices for most goods and services did not rise sharply, but gasoline prices continued to rise as crude oil prices rebounded, and rents rose by the biggest monthly increase since February 2007, driving up inflation in the United States in May
    .

    2.
    The International Monetary Fund (IMF) said on June 17 that the Brexit referendum held this week will increase the uncertainty of the British economy, leaving the EU will cause the UK to suffer huge economic losses, and its spillover effect will also affect the EU economy
    .
    IMF Managing Director Christine Lagarde also called on the UK to remain in the EU at a forum held in
    Vienna on the 17th.
    Lagarde said she respected the decision of British nationals, but that decisions needed to be based on facts
    .
    As a member of the EU, the UK's growing trade within the EU has brought more jobs and income
    .

    3.
    China's economic data in May almost completely retreated, and the rapid growth in March and the smooth transition in April did not extend well in May
    .
    Analysts said that under the background of supply-side reform, the endogenous power of the economy is insufficient, and the implementation of policies is needed to maintain stability, and the probability of RRR reduction is gradually increasing
    .
    The added value of industries above designated size increased by 6% year-on-year in May, unchanged from market expectations and April
    .

    Second, the analysis of natural rubber market trends

    Natural rubber

    123456Next View full article
    123456Next 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.