echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Can Jinjiuyinshi bring prosperous paint consumer market?

    Can Jinjiuyinshi bring prosperous paint consumer market?

    • Last Update: 2021-08-17
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com



    In the first half of this year, the overall growth rate of the coatings industry was only 0.


    Coatings marketCoatings marketCoatings market

    After the first half of the year, the paint industry has ushered in the traditional off-season of the building materials and home furnishing market in July and August.


    On the evening of August 25, the Central Bank announced that it would lower the benchmark interest rate for RMB loans and deposits of financial institutions by 0.


    Some people have pointed out that the policy of lowering interest rates and RRR is not entirely aimed at the property market, but for home buyers, facing the central bank's continuous RRR cuts, it may greatly increase their enthusiasm for buying houses.


    Can the "Golden Nine and Silver Ten" alone overturn the unsatisfactory first half of the coatings market?

    Gold nine silver ten is actually a concept of time.


    This year, affected by the new normal of China's economy, the real estate transaction volume in the first half of the year was generally in a downward trend, and the home improvement and building materials market has been declining.


    It is understood that the National Building Materials and Home Furnishing Index (BHI) in July 2015 was 99.


      Moreover, people's consumption attitudes are becoming more rational, which is also the reason why some coating companies have insufficient confidence in the gold, nine, and silver, and ten markets.


      Various unfavorable factors have caused many coating companies to say that the value of gold nine silver ten is no longer as good as in previous years.


    http://  

     

     

    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.