高频数据观察：上游价格全面回落

Sales and Production Trends - Passenger car wholesale average daily sales reached 36,300 units, a week-on-week increase of 30.13%, but a year-on-year decrease of 19.20%[2] - Retail average daily sales of passenger cars were 43,300 units, with a week-on-week increase of 10.57% and a year-on-year decrease of 12.47%[11] - National blast furnace operating rate increased by 0.17 percentage points week-on-week and 7.28 percentage points year-on-year[3] Real Estate Market Insights - Commodity housing sales area in 30 major cities decreased by 9.76% week-on-week, with first, second, and third-tier cities down by 6.85%, 14.01%, and 3.93% respectively[4] - Land transaction area in 100 major cities was 9.1765 million square meters, down 19.88% week-on-week, with first, second, and third-tier cities down by 95.97%, 10.50%, and 20.31% respectively[10] - Land premium rate across 100 major cities was approximately 9.89%, up 4.94 percentage points from the previous week[4] Inventory and Price Movements - Steel inventories for rebar, wire rod, and hot-rolled sheets decreased by 1.76%, 3.39%, and 0.22% week-on-week respectively[5] - Food prices increased, with average wholesale prices for pork, beef, lamb, eggs, and key vegetables rising by 1.70%, 1.27%, 0.37%, 1.32%, and 1.67% respectively[6] - Crude oil futures prices fell, with Brent and WTI crude oil prices decreasing by 2.89% and 4.29% week-on-week respectively[6] Import and Export Performance - The export container freight index increased by 3.29% week-on-week, while the Shanghai export container freight index decreased by 3.60%[5] - The Baltic Dry Index (BDI) rose by 4.76% week-on-week, while the China Import Dry Bulk Freight Index (CDFI) fell by 1.37%[5] Risk Factors - Overall decline in real estate sales and rising food prices pose risks to the market[7]