Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Three quarters of the steel price trend forecast

CPI continued to drop to increase policy control space
 
Price-over-year increase of 1.8 percent since February 2010, the 30-month low early large increases in food prices remained relatively stable this month. Due to weather conditions, the international agricultural and domestic prices of agricultural products have some degree of rise, but as the summer grain harvest coming, the prices of domestic agricultural products and the impact will not be great.
 
Year to date, the price of pork has continued to decline, while corn prices are rising, pig grain than the continued located under the breakeven point, the farmers complain incessantly. Bureau of Statistics data show that pork prices in July fell 18.7%, affecting the overall level of consumer prices down by about 0.71 percentage points.
 
And food prices, future prices of resource products, the price of labor will become a more important factor affect prices.
 
Since the beginning of this year, a new round of resource products price reform in quietly changing the price level in the market as a whole. Water tariff adjustments, and will undoubtedly produce a long-term impact on the consumer price. Continuous rise in international oil prices, but also ushered in the domestic oil price hike window.
 
Commodity prices are still not optimistic. Steady economic growth depends on the stability of commodity prices rise, manufacturers have a strong production will, however, the current economic downturn, whether it is terminal or the manufacturers of raw materials, are in a down channel, especially in industrial enterprises is more common loss , production will lower the operating rate is insufficient. Only when the PPI chain positive, that is the price of raw materials formed on the finished product cost support, the only real commodity prices, the upward momentum.
 
The gap between the CPI and PPI further pulled under the premise that there is the risk of deflation, stagflation is still a serious risk. Domestic short-term is still to rely on the stimulation of investment, investors must pay attention to three indicators: credit growth, the industrial added value rising PPI chain pick-up. Investment to promote economic transmission mechanism will eventually be reflected in the price of PPI chain indicators will become a key signal of the short-term market rebound, will also support the formation of short-term commodity.
 
Cut interest rates after a one-year benchmark deposit rate has dropped to 3%, while the price-over-year increase of 1.8% is much lower than the level of interest rates. Return to the "rate" of prices and interest rates, the market has been further expectations for future monetary policy loose. Due to the recent national severe weather-prone, resulting in the prices of vegetables rose sharply, scheduled for August CPI will be a slight rebound to 2.0% but still low, loose monetary policy. Lacking in the market the central bank will cut the deposit reserve ratio and even the judgment of a rate cut.



Other News:
Three quarters of the steel price trend forecast
Type price trend of the third quarter forecast
QE3 is expected to be disturbed dollars into consolidation
Not scattered clouds steel price decline is difficult to stop
The Diaoyu Islands were detained 14 people were transferred to Okinawa Naha will
The Greek economy continues to freefall Germany threaten to suspend aid
Japan on the Diaoyu Islands misfires possibility of how much?
ThyssenKrupp will continue to cut production in September