The Industrial Economy Presents A Pattern Of "Two Weak Supply And Demand" As A Whole.

In the two weak supply and demand pattern, supply and demand are the main determinants of price rise. The upward trend of the upstream cost side is gradually moving to the middle reaches and driving up replenishment.

However, as downstream demand weakens and gradually spreads to the upper and middle reaches, Maori contraction will trigger both price increases and inventory refunds to slow down.

In November and early December,

In spite of a short period of improvement in external demand, China's domestic demand continues to weaken and its motor vehicles remain weak. In industrial production, the growth rate of electricity consumption is declining, but the price of industrial products is still rising or falling.

Demand: downstream property, household appliances are weakening, passenger cars are flat, textile and clothing, entertainment and entertainment are improving.

The middle reaches of the steel industry weakened, cement and chemical industry improved.

The upstream coal is weak, the color is still weak, and the pportation is improving.

Price: in November, the price growth rate of 100 cities turned negative. Last week, the prices of domestic means of production rose more or less.

Inventory: downstream property recovery, passenger car down.

Middle China steel enterprises replenishment inventory, cement and chemical to inventory.

Upstream coal replenishment, color to inventory.

Real estate: land paction growth rate turned negative in November, and real estate sales narrowed in early December.

In November, the 35 City mortgage interest rate rose from flat to 4.45%, the rate of preferential interest rate continued to decline to 84.43%, while the growth rate of 26 cities and 40 cities' new houses were all shifting from positive to negative.

Real estate regulation continues to be added, the increase in the cost of housing increases the weakening of the demand for real estate, making the inventory situation worse.

In November, the number of land pactions in Baicheng city was also lower than that in October. The year-on-year growth rate dropped to -12.4% due to a high base.

In the first 6 days of December, the average daily sales of 26 cities and 40 cities decreased slightly to -17.4% and -15.1% in the latter 11 months, and last week, the ratio of commercial housing sales to ten weeks in the ten major cities dropped to 40 weeks.

Appliances: refrigerator manufacturers in October increased production and sales growth, the 11 month white electricity retail growth negative.

In October, the growth of refrigerator factory property and sales volume maintained a growth trend, of which domestic sales growth rose sharply to 8.9%, and export growth rate dropped to 2.3%.

Production and sales growth is mainly driven by domestic demand.

Recently, the price of raw materials has risen sharply, and the price of shipping is not easy to raise. In order to prevent the price of raw materials from eroding the future profits, some enterprises have made early response.

Refrigerator sales in October rose to 0.46, the same level in the same period over the past two years, higher than the same period in the past two years.

From the retail point of view, the retail sales growth rate in November under the three white lines was lower than that in October, and the sales volume of refrigerators, washing machines and air conditioners decreased to -16.2%, -20.0% and -11.3% in the fourth week of November.

In November, the export growth rate rose all the way, and the textile prosperity index of Keqiao continued to rise.

In the context of short term improvement in external demand and overall recovery in exports, knitting yarn, clothing, and other sub sectors of textile and garment industry in November.

Year on year growth rate rose to 4.2%, -5.4% and -0.6% respectively, pointing to the short-term improvement of the industry's external demand.

In November, Keqiao textile boom index continued to rise, also confirms the industry demand for better.

Last week, Keqiao textile price index category, raw materials all fell, the 328 cotton price index fell slightly.

Stylistic Entertainment: last week, the growth rate of nationwide movie box office and viewing passengers rose sharply.

In November, the national movie box office was 2 billion 543 million yuan, up -4.5%, and the overall performance was not good. It mainly relies on imported films to boost the demand for movie viewing. "Fantastic doctor" leads the box office at 750 million yuan per month.

Last week, the national box office revenue of 850 million yuan, year-on-year, the growth rate of the ring rose to 29.7%, 26.5%; the national viewing time 27 million 360 thousand passengers, year-on-year, the growth rate of the ring rose to 38.3%, 33.3%.

Where the magic animals are, the sea is strange and your name is in the top three. Next week, the bloody hacksaw ridge and captain Sally will be released soon. The box office in December is expected to revive.

Chemical industry: last week, the price of PTA industry chain continued to rise, and the number of stock days was low.

Last week, the prices of chemical fiber raw materials were mixed, and the price of PTA industry chain rose all the way, mainly due to the rise of upstream oil prices and the demand for downstream weaving.

But the upstream PTA price is still not as good as the downstream polyester and pet POY.

Last week, the number of days of PTA industry chain inventory was leveled, and the number of days of pet POY inventory remained low over the same period.

Considering the improvement of downstream weaving demand and the rise of upstream prices, the polyester POY is at the end of passive inventory.

Machinery: in November, the sales volume of excavators increased rapidly, and the sales volume of small excavators increased.

In November, the sales volume of excavators increased by 72.6% over the same period last year, and reached a record high of 6.5%.

There are three main reasons: first, the base of the past two years is too low; the sales volume of single month has not yet exceeded 13 years; the two is 2010 of the peak excavator to enter the renewal cycle; three, the sales volume of small excavators corresponding to infrastructure is higher than that of 100%, but the sales volume of medium-sized excavators corresponding to real estate is relatively slower.

Electricity: in the first ten days of December, the growth rate of power consumption and coal consumption declined and industrial growth started poorly.

In November, the annual growth rate of electricity consumption in the past ten years was down, and the monthly growth rate dropped significantly compared with October, indicating that the growth or slowdown of industrial added value in November.

In the first 8 days of December, the annual growth rate of electricity consumption was accelerated to 2.3%, and the growth rate of -2.4% was also the lowest in the same period, pointing to the poor start of industrial production in December.

Commodities: oil prices rose last week, the CRB index continued to rise, and the US dollar index fell.

Last week, US non farm data were slightly less than expected. But in November, the unemployment rate was low, and the Federal Reserve kept track of interest rates. Interest rate expectations were about to be realized. The US dollar index was sharply adjusted, and the CRB index rose.

Last week, the US index callback superimposed OPEC member countries to cut production agreement, so that oil prices rose sharply.

Next time, everyone will follow the world's clothing and shoe net to see the detailed information.