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2022 / 07 / 08
In May, domestic funds were obviously loose, and the domestic economic situation improved significantly. In June, the official manufacturing PMI returned to above 50 to 50.2, and the Caixin manufacturing PMI rose sharply to 51.7. Driven by the automobile industry, the domestic manufacturing industry recovered sharply and returned to the expansion range. Consumer prices in the United States continued to rise, and high inflation had a greater negative impact on American residents. However, the total amount of consumer spending in the United States was lower than expected, and the risk of stagflation increased significantly. On the European side, the Russian-Ukrainian conflict and sanctions against Russia have led to continued division within Europe. In terms of energy and carbon-related policies, there are obvious differences within the EU.
Nickle Market price effect the stainless steel significantly
2022 / 07 / 08
Recession fears dominated the market, commodities fell collectively, and nickel prices also showed significant pressure. In terms of industry, the weak terminal demand continued to be transmitted upstream. The price of nickel ore in Indonesia dropped sharply, the transaction of ferronickel weakened this week, and the price of nickel continued to be under pressure. 1. ECB Deputy President Jean-Claude de Guindos said that if Russia cuts off natural gas supplies and the industrial sector has to adapt to energy shortages, the euro zone economy could fall into recession. 2. U.S. factory orders in May rose 1.6% month-on-month, expected to rise 0.5%, and the previous value was revised from a rise of 0.3% to a rise of 0.7%
The rising oil price effects word economy
2022 / 06 / 18
According with latest investigation of IMF,the world economy has been declined significately since War between Russia and Ukraine.The oil price of China has been rised up the price 8 times integated international oil market prices the begining of 2022..The inflatiation of word and the commoditities accoss the countries would bring more serious question effecting all directions of people life.
The conflict between Russia and Ukraine influent the global commodity price
2022 / 05 / 19
The continuity conflict between Ruassia and Ukranie have brought the huge impact on global economy according to IMF Rport.The Orignal the Oil and gas price has been rising up since the war beginning.The Punishment of Russia from UN and USA caused the revenge Price on Oil and Gas.Many countries start to make the relevent policy to control the inflation and price rising in Transportation,Food,Energy of basic industrial fields.
The raw pure copper metal price impact seriously by Omicron in China 2022
2022 / 05 / 18
Since the impact of COVID 19 2020,the raw metal price across the world rising up siginficatly.Meanwhile,the Omicron start to effect the Chinse largest city Shanghai from Middle of March 2022.Almost whole Shanghai city was shut down,the business of raw pure copper price also impacted seriously.The raw metal price and the forward transportation problem bring much influence casting field and foundries.
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