With the steady and rapid development of the domestic economy, the growth of supply and demand for production materials accelerated in August, and the market price stabilized and stabilized. However, the imbalance in supply and demand structure in the development of the market still exists. In particular, the tightness of crude oil and some refined oil resources is further aggravated, leading to continued high prices of petroleum products.
Supply and Demand Growth Accelerated According to statistics from the China Logistics Information Center, from January to August, the total amount of sales of production materials reached 8,984,400,000 yuan, which was calculated at comparable prices and increased by 15.7% over the same period of last year, and continued to maintain steady and relatively high growth. Among them, the total sales of production materials in August reached 1.2 trillion yuan, a year-on-year increase of 16.2%. According to statistics on 30 major production materials, from January to August of this year, the total market resources increased by an average of 15.3%, and the level of resource supply continued to increase. The total consumption demand increased by an average of 15.6%, and the growth rate of market demand accelerated. The difference between supply and demand is 1.78%.
The imbalance in supply and demand structure in the market development still exists. The most prominent are crude oil and some refined oil products. The market demand has been increasing steadily and the supply level has been declining significantly, which has further exacerbated resource constraints. According to relevant statistical data, China's crude oil increased by 32.91 million tons from January to August, an increase of 4.3% year-on-year; while demand for crude oil rose by approximately 7.5% over the same period, and demand growth was faster than the growth rate of resources. 3.2 Percentage. Among the major refined oil products, gasoline added 35.41 million tons, an increase of 3.2%, while total market demand increased by 9.9%; diesel new resource reached 72.8 million tons, an increase of 7.2%, while total market demand increased. It reached 10.3%; fuel oil increased 32.98 million tons, a year-on-year decrease of 4.9%, while total market demand increased by 9.7%.
At the same time, with the increase in market demand and the rebound in prices, the production of steel and other metal materials continues to increase, and the level of resource supply has increased substantially. According to relevant statistical data, from January to August, domestic new steel resources increased to 25,371 million tons, up 21.2% year-on-year, while market demand increased by approximately 18.6%, and resource growth was faster than demand growth by approximately 2.6. Percentage points, inventory continues to increase. In particular, in the past four months, the output of steel products continuously exceeded the historical record of 30 million tons, reaching 32.69 million tons in August, a year-on-year increase of 27.6%.
Stabilization of prices stabilized By the rebound in market demand and the sharp rise in the prices of petroleum and its products, the general level of domestic production materials stabilized in August and stabilized, with a slight rebound. According to statistics from the China Logistics Information Center, the total price level of production materials in August increased by 2.87% year-on-year, a slight month-on-month increase of 0.58%; from January to August, the total level of cumulative prices rose by 4.84% over the same period of last year. The increase in the same period last year dropped by 9.05 percentage points.
The main factor driving the rebound in prices is that prices of petroleum and its products continue to rise at a high level. Due to the record high oil prices in the international market, the price of petroleum and its products in China continued to rise at a high level. In August, the total domestic oil and product prices rose by 6.4% in the chain, of which diesel rose by 7.2%, gasoline rose by 7.7%, and fuel oil rose by 3.3%.
In addition, steel prices stabilized and the prices of major non-ferrous metals rebounded, effectively restraining the continued decline in market prices. With the market's anticipation of psychological improvement and consumer demand still strong, the steel price in the previous period, which basically fell to the bottom, began to level off from late July. The total level of steel prices in August fell by only 0.4 percentage points from the previous month. It was 3.6 percentage points smaller than the previous month. Among them, the market prices of such products as profiles, wire rods, and silicon steel sheets have risen slightly. The price of major non-ferrous metals rose from a downward trend in August to a rise of 0.9% from the previous period.
Steady growth in the market outlook Since the second half of the year, China's economic development has shifted from continuous warming to stable growth at a relatively high level. The market's future prospects have improved. According to the China Manufacturing Purchasing Managers' Index (PMI) issued by the China Federation of Logistics and Purchasing, the August PMI index was 52.6%, which was the first rebound after a four-month decline since April, indicating that the manufacturing economy has Stable growth signs.
From the point of view of economic growth rate, although the growth rate of heavy industry will slow down, it is still higher than the level of light industry development and continues to operate at a relatively high level; fixed asset investment also maintains a steady and rapid growth; the appreciation of the renminbi in import and export trade and As the country adjusts its import and export trade policies and the slowdown in the growth of international market demand, export growth will decline. At the same time, the continued soaring oil price has, to a certain extent, curbed the growth in consumption, coupled with the continuous development of a scientific outlook on development that focuses on conservation, environmental protection, and coordinated development, and will promote the demand for basic products such as energy and raw materials for economic development. It will be more rational and reasonable, and the bottleneck factors such as coal, electricity, oil, and transportation that restrict economic development will also be significantly improved.
Based on the analysis of the above factors, it is expected that the supply and demand of the capital goods market will continue to maintain a steady growth. The “harmonious†system will be able to kill 3 plastics, plastics蟮 æ¦é²† æ¦é²† 嬖冢 嬖冢 嬖冢 嬖冢 ç¤ ã€– 鄹褡芩 ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ é«Œ é«Œ é«Œ 岢鱿 岢鱿 飨 飨 飨 飨 飨 飨 飨 飨 飨 9 9 9 9 9 9 é„ é„ ? ? ? 径 径 径 径 径 ? ? ? 柿 柿 柿 柿Judi? 0.2 trillion, calculated at comparable prices, increased by approximately 15.6%; the general level of prices of production materials remained stable, and the chain price may decline slightly in September.
Supply and Demand Growth Accelerated According to statistics from the China Logistics Information Center, from January to August, the total amount of sales of production materials reached 8,984,400,000 yuan, which was calculated at comparable prices and increased by 15.7% over the same period of last year, and continued to maintain steady and relatively high growth. Among them, the total sales of production materials in August reached 1.2 trillion yuan, a year-on-year increase of 16.2%. According to statistics on 30 major production materials, from January to August of this year, the total market resources increased by an average of 15.3%, and the level of resource supply continued to increase. The total consumption demand increased by an average of 15.6%, and the growth rate of market demand accelerated. The difference between supply and demand is 1.78%.
The imbalance in supply and demand structure in the market development still exists. The most prominent are crude oil and some refined oil products. The market demand has been increasing steadily and the supply level has been declining significantly, which has further exacerbated resource constraints. According to relevant statistical data, China's crude oil increased by 32.91 million tons from January to August, an increase of 4.3% year-on-year; while demand for crude oil rose by approximately 7.5% over the same period, and demand growth was faster than the growth rate of resources. 3.2 Percentage. Among the major refined oil products, gasoline added 35.41 million tons, an increase of 3.2%, while total market demand increased by 9.9%; diesel new resource reached 72.8 million tons, an increase of 7.2%, while total market demand increased. It reached 10.3%; fuel oil increased 32.98 million tons, a year-on-year decrease of 4.9%, while total market demand increased by 9.7%.
At the same time, with the increase in market demand and the rebound in prices, the production of steel and other metal materials continues to increase, and the level of resource supply has increased substantially. According to relevant statistical data, from January to August, domestic new steel resources increased to 25,371 million tons, up 21.2% year-on-year, while market demand increased by approximately 18.6%, and resource growth was faster than demand growth by approximately 2.6. Percentage points, inventory continues to increase. In particular, in the past four months, the output of steel products continuously exceeded the historical record of 30 million tons, reaching 32.69 million tons in August, a year-on-year increase of 27.6%.
Stabilization of prices stabilized By the rebound in market demand and the sharp rise in the prices of petroleum and its products, the general level of domestic production materials stabilized in August and stabilized, with a slight rebound. According to statistics from the China Logistics Information Center, the total price level of production materials in August increased by 2.87% year-on-year, a slight month-on-month increase of 0.58%; from January to August, the total level of cumulative prices rose by 4.84% over the same period of last year. The increase in the same period last year dropped by 9.05 percentage points.
The main factor driving the rebound in prices is that prices of petroleum and its products continue to rise at a high level. Due to the record high oil prices in the international market, the price of petroleum and its products in China continued to rise at a high level. In August, the total domestic oil and product prices rose by 6.4% in the chain, of which diesel rose by 7.2%, gasoline rose by 7.7%, and fuel oil rose by 3.3%.
In addition, steel prices stabilized and the prices of major non-ferrous metals rebounded, effectively restraining the continued decline in market prices. With the market's anticipation of psychological improvement and consumer demand still strong, the steel price in the previous period, which basically fell to the bottom, began to level off from late July. The total level of steel prices in August fell by only 0.4 percentage points from the previous month. It was 3.6 percentage points smaller than the previous month. Among them, the market prices of such products as profiles, wire rods, and silicon steel sheets have risen slightly. The price of major non-ferrous metals rose from a downward trend in August to a rise of 0.9% from the previous period.
Steady growth in the market outlook Since the second half of the year, China's economic development has shifted from continuous warming to stable growth at a relatively high level. The market's future prospects have improved. According to the China Manufacturing Purchasing Managers' Index (PMI) issued by the China Federation of Logistics and Purchasing, the August PMI index was 52.6%, which was the first rebound after a four-month decline since April, indicating that the manufacturing economy has Stable growth signs.
From the point of view of economic growth rate, although the growth rate of heavy industry will slow down, it is still higher than the level of light industry development and continues to operate at a relatively high level; fixed asset investment also maintains a steady and rapid growth; the appreciation of the renminbi in import and export trade and As the country adjusts its import and export trade policies and the slowdown in the growth of international market demand, export growth will decline. At the same time, the continued soaring oil price has, to a certain extent, curbed the growth in consumption, coupled with the continuous development of a scientific outlook on development that focuses on conservation, environmental protection, and coordinated development, and will promote the demand for basic products such as energy and raw materials for economic development. It will be more rational and reasonable, and the bottleneck factors such as coal, electricity, oil, and transportation that restrict economic development will also be significantly improved.
Based on the analysis of the above factors, it is expected that the supply and demand of the capital goods market will continue to maintain a steady growth. The “harmonious†system will be able to kill 3 plastics, plastics蟮 æ¦é²† æ¦é²† 嬖冢 嬖冢 嬖冢 嬖冢 ç¤ ã€– 鄹褡芩 ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ ç¤ é«Œ é«Œ é«Œ 岢鱿 岢鱿 飨 飨 飨 飨 飨 飨 飨 飨 飨 9 9 9 9 9 9 é„ é„ ? ? ? 径 径 径 径 径 ? ? ? 柿 柿 柿 柿Judi? 0.2 trillion, calculated at comparable prices, increased by approximately 15.6%; the general level of prices of production materials remained stable, and the chain price may decline slightly in September.
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