casinoclassic50freespins| CITIC Construction Investment: In the second quarter, the PPI recovery trend was significant year-on-year, with export resilience and adjustment of overseas product supply as the main driving forces

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[CITIC Construction Investment (601066) forecast: The driving force for PPI repair during the year will mainly come from the adjustment of exports and overseas product supply] The CITIC Construction Investment Research Report was announced on May 12casinoclassic50freespins, the year-on-year recovery trend of PPI readings in the second quarter was determined. Starting from late April, with the growth of the supply of interest-rate bonds and the advancement of infrastructure projects, the supply and demand in the domestic steel market have gradually improved and prices have risen. The inhibitory effect on PPI will ease in the second quarter. The marginal recovery of domestic investment and the decline in the base in the same period last year will push the PPI to continue to recover year-on-year in the second quarter. The driving force for PPI repair during the year mainly came from the strong resilience of exports and the adjustment of the supply of some overseas products. The improvement in the prosperity of the manufacturing industry mainly relies on external demand, and the data of export-oriented industries are better than that.casinoclassic50freespinsIn other industries, this is reflected in industrial added value and PPI prices. Supply factors also provide phased support for the prices of some middle and upstream raw materials. The production capacity of some overseas commodities shrank due to supply-side adjustments, with the chemical industry and the downstream textile and garment industries performing most significantly.