Macroeconomics 1. [PMI] National Bureau of Statistics: In May, the Manufacturing PMI stood at 50.0%, a month-on-month decrease of 0.3 percentage points, resting at the critical

According to Sina Finance, the "black swan" event of geopolitical conflict in the Middle East—emerging since the beginning of 2026—has forcefully reversed the downward trend

Macroeconomics 1. [Industrial Enterprise Profits] National Bureau of Statistics: From January to April, the total profits of industrial enterprises above designated size nationwide grew by 18.2%.

Macroeconomics 1. [Power] National Energy Administration: As of the end of April, the nation's cumulative installed power generation capacity stood at approximately 3.99 billion kilowatts, representing

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) released an announcement regarding its May Medium-term Lending Facility (MLF) tender. To maintain ample liquidity within the

Macroeconomics 1. [US PMI] The U.S. S&P Global Composite PMI Output Index for May stood at 51.7, unchanged from April; however, the overall pace of economic

Macroeconomics 1. [Bank Foreign Exchange Settlement and Sales] According to statistical data from the State Administration of Foreign Exchange (SAFE), in April 2026, banks settled foreign

According to data from SunSirs' "Spot Connect" service, domestic PP market prices recovered slightly in the first half of May following an earlier decline; price

According to data from the National Bureau of Statistics, China's output of plastic products in March 2026 totaled 7.148 million tons, representing a year-on-year increase

The current global polypropylene market is characterized by a pattern of continuously tightening overseas supply, international prices hovering at high levels, domestic plant maintenance providing

According to data from SunSirs' "Spot Connect" service, the domestic PP market experienced high-level volatility in April, with prices for various product grades showing a

Macroeconomics 1. [PMI] National Bureau of Statistics: In April, the Manufacturing Purchasing Managers' Index (PMI) stood at 50.3%, a decrease of 0.1 percentage points from the

Macroeconomics 1. [Economic Work] On April 28, the Political Bureau of the CPC Central Committee convened a meeting to analyze and review the current economic situation

Macroeconomics 1. [Industrial Enterprise Profits] National Bureau of Statistics: From January to March, industrial enterprises above a designated size nationwide realized total profits of 1,696.04 billion

In late April, the domestic polypropylene (PP) market exhibited a pattern of internal and external divergence, characterized by a sharp rise in exports, persistently weak

According to data from SunSirs' "Spot Connect" service, the domestic PP market experienced high-level volatility in early-to-mid April. Prices for various product grades saw more

Macroeconomics 1. [Electricity Consumption] National Energy Administration: In March, total electricity consumption across society reached 859.5 billion kWh, a year-on-year increase of 3.5%. Electricity consumption in

Macroeconomics 1. [LPR] Authorized by the People's Bank of China, the National Interbank Funding Center announced that, as of April 20, 2026, the Loan Prime Rate

Macroeconomics 1. [Industrial Capacity Utilization Rate] National Bureau of Statistics: In the first quarter of 2026, the national industrial capacity utilization rate for enterprises above designated