-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
First, macroeconomics
First, macroeconomicsChina: China's official manufacturing purchasing managers' index (PMI) came in line with expectations in September at 50.
4, unchanged from the previous month
.
Production and demand growth are stable, with signs of
gradual stabilization.
The data together with the Caixin China Manufacturing PMI for September, released earlier, confirm that China's economy is improving
.
The continuous improvement of the manufacturing industry has brought support
to industrial products led by copper.
In addition, the September housing price data of China's 100 cities released on October 1 showed that the average price increase of new residential buildings expanded compared with August, and the year-on-year growth rate of ten major cities such as Beijing and Shanghai exceeded 21%.
In September, the average price of new residential buildings in 100 cities across the country was 12,617 yuan / square meter, up 2.
83% from the previous month, an increase of 0.
66 percentage points
over August.
China's Caixin Services Purchasing Managers' Index (PMI) came in at 52.
0 in September versus 52.
1
in the previous month, data showed.
Abroad: After a month of contraction, U.
S.
manufacturing activity rebounded in September, rising to 51.
5 from 49.
4 in the previous month, better than market estimates; the core PCE price index, which excludes food and energy, rose 0.
2% from the previous month in August, in line with expectations, rising 1.
7% from the same period last year, an increase of 0.
1 percentage points from the previous month, and closer to the Fed's 2% inflation target
.
Meanwhile, the U.
S.
services index also rose to an 11-month high of 57.
1 in September, and U.
S.
jobless claims unexpectedly fell near a 43-year low in the week ended Oct.
1, suggesting a strong labor market
.
All of the above data show that the US economy is resisting the drag of the global economic stagnation, raising the possibility of the Fed raising interest rates at the end of the year, and bringing a painful blow
to commodities.
123456Next View full article
123456Next View full article