Epidemic situation: the local epidemic continued to spread, and the number of new cases overseas fell
Downstream: the transaction of commercial housing is still relatively low, and the decline of passenger car sales is expanding
Midstream: the operating rate of blast furnace is flat, and the price of cement decreases
Upstream: oil prices first fell and then rose, and the prices of non-ferrous metals and coking coal fell significantly
Food prices: pork prices continued to rise and vegetable prices fell sharply
Capital / bond market: the capital interest rate decreased and the long-term interest rate of treasury bonds rebounded
Exchange rate: rapid depreciation of RMB
Risk tips
The economy has changed more than expected.
