On November 23, 2021, the first finance China high frequency economic activity index (yhei) was 1.06, the lowest since the National Day holiday. Among them, the "subway flow index in 8 cities" and "coastal coal freight index" rose by 0.04 and 0.10 respectively, reaching the highest point in recent 2 weeks; the "import dry bulk cargo freight index" fell back to the level two weeks ago, and the "30 city commercial housing sales index" It fell to the lowest point in nearly a month
Steel prices picked up this week. The price of steel billet in Tangshan rose by 1.91% in the week ending November 23, decreased by 16.31% in the past month and increased by 12.40% this year. Recently, cement and coal prices have continued to decline. The cement price index has decreased by 1.53% in the week ended November 23, 3.3% in the past month and 33.63% this year. The price of thermal coal has decreased by 9.32% in the past month and increased by 31.45% this year.
As of the week of November 23, the net withdrawal of funds from the central bank through the open market was 110 billion yuan. The inter-bank overnight interest rate rose 28 basis points in the week ending November 23, 54 basis points in the past month and 72 basis points this year. The seven-day repo rate rose 4.61 basis points in the past week, 19.61 basis points in the past month and 40.39 basis points in the year.
