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    Home > Chemicals Industry > New Chemical Materials > Cable raw materials (rubber) weekly report (7.11-7.15)

    Cable raw materials (rubber) weekly report (7.11-7.15)

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    1.
    Macroeconomic news

    1.
    Data released by the US Department of Labor on July 15 showed that the US unseasonally adjusted CPI in June rose by 1.
    0% year-on-year, which was consistent with the previous value, but lower than the expected 1.
    1%; The US quarterly adjusted CPI rose 0.
    20% month-on-month in June, a weaker than expected increase of 0.
    3%, but the data recorded an increase for the fourth consecutive month and was in line with
    the previous reading.
    The unseasonally adjusted core CPI, which excludes food and energy, rose 2.
    3% year-on-year in June, higher than expected and prior, suggesting that inflationary pressures in the United States are steadily rising
    .

    2.
    At the July 14 interest rate meeting, the Bank of England kept the benchmark interest rate unchanged at 0.
    5%, while maintaining the scale of bond purchases of 375 billion pounds unchanged
    .
    In the July interest rate decision, the rate hike-unchanged-rate cut vote ratio was 0-8-1 (0-9-0 in June).

    The Bank of England said most officials expected policy
    easing in August.
    Bank of England Governor Mark Carney said last month that he personally believes interest rates
    should be cut in the summer.

    China's service PMI in March and June was 52.
    7, up 1.
    5 from the previous month, ending two consecutive months of decline and hitting an 11-month high
    .
    Zhong Zhengsheng, head of Monita Macro Research, said that all sub-items have improved, among which the new business index is the highest since July 2015, effectively driving the growth rate
    of the overall service industry.
    According to the survey, the growth rate of business activities in the service industry rebounded due to the increase in new business, and the total amount of new business in the service industry rose further, the largest
    growth rate since July last year.
    Some respondents said that during the survey period, new projects were launched and customer demand became stronger, which led to an increase
    in sales.

    Second, the analysis of natural rubber market trends

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