Nvidia(US:NVDA) Hua Tai Qi Huo·2025-07-30 03:03Industry Overview Upstream - Non-metallic: Glass prices continue to rebound [3] - Non-ferrous metals: Prices fluctuate [3] Midstream - Chemical industry: The operating rate of PX has declined [3] Downstream - Real estate: The sales of commercial housing in third-tier cities have seasonally declined [4] - Services: The number of domestic flights during the summer vacation has increased [4] Meso-level Event Overview Production Industry - Sino-US talks have postponed trade conflicts. From July 28th to 29th, the Chinese and US economic and trade leaders held talks in Stockholm, Sweden. According to the consensus, the suspension of the 24% US reciprocal tariffs and China's countermeasures will be extended for 90 days [1] - NVIDIA co-founder and CEO Huang Renxun believes that the wealth creation ability of artificial intelligence (AI) will exceed that of the Internet in the next 5 years [1] Service Industry - The International Monetary Fund (IMF) has raised its forecast for the global economic growth rate for this year and next year to 3.0% and 3.1% respectively. It has also significantly raised China's economic growth rate for this year to 4.8% [2] Industry Credit Spread Tracking | Industry | Last Year | Quarterly | One Month Ago | Last Week | This Week | Quantile | | --- | --- | --- | --- | --- | --- | --- | | Agriculture, Forestry, Fishing and Hunting | 85.59 | 77.83 | 57.09 | 47.35 | 49.07 | 0.70 | | Mining | 33.06 | 46.36 | 37.35 | 27.48 | 31.05 | 2.00 | | Chemicals | 68.16 | 62.06 | 49.18 | 42.09 | 44.87 | 1.00 | | Steel | 37.13 | 55.10 | 47.48 | 37.99 | 41.94 | 6.50 | | Non-ferrous Metals | 39.26 | 56.54 | 49.42 | 40.23 | 42.58 | 5.30 | | Electronics | 52.58 | 70.94 | 54.62 | 43.31 | 42.35 | 0.00 | | Automobiles | 57.44 | 50.32 | 39.92 | 29.66 | 34.14 | 1.20 | | Household Appliances | 36.95 | 47.58 | 47.10 | 39.12 | 43.09 | 8.10 | | Food and Beverage | 36.18 | 45.25 | 37.12 | 28.44 | 30.25 | 0.50 | | Textile and Apparel | 44.99 | 53.41 | 52.65 | 39.28 | 42.30 | 1.20 | | Light Industry Manufacturing | 47.59 | 167.09 | 146.32 | 132.29 | 133.75 | 7.70 | | Medicine and Biology | 52.07 | 71.30 | 53.47 | 43.92 | 46.74 | 0.90 | | Public Utilities | 25.15 | 33.57 | 27.41 | 20.28 | 23.82 | 2.80 | | Transportation | 26.46 | 36.88 | 30.25 | 23.79 | 26.92 | 4.50 | | Real Estate | 207.49 | 126.20 | 100.80 | 86.02 | 88.85 | 0.70 | | Commercial Trade | 39.88 | 50.24 | 42.17 | 32.90 | 36.79 | 1.50 | | Leisure Services | 73.88 | 119.48 | 118.95 | 105.46 | 105.42 | 85.50 | | Banks | 23.36 | 19.80 | 18.64 | 13.86 | 16.79 | 4.10 | | Non-bank Finance | 25.43 | 34.18 | 30.08 | 23.84 | 26.46 | 5.10 | | Comprehensive | 69.95 | 49.74 | 41.37 | 32.62 | 36.37 | 1.70 | | Building Materials | 33.33 | 46.19 | 37.31 | 24.78 | 28.14 | 0.70 | | Building Decoration | 37.97 | 54.48 | 51.32 | 42.89 | 46.49 | 9.90 | | Electrical Equipment | 53.97 | 79.25 | 72.51 | 66.34 | 69.49 | 29.00 | | Machinery and Equipment | 28.21 | 44.64 | 44.40 | 36.28 | 40.18 | 15.10 | | Computers | 66.65 | 61.96 | 46.60 | 33.72 | 36.84 | 1.00 | | Media | 240.02 | 45.79 | 37.92 | 29.70 | 34.29 | 1.30 | | Communications | 27.80 | 29.18 | 29.10 | 24.15 | 27.79 | 6.60 | [48] Key Industry Price Index Tracking | Industry Name | Index Name | Frequency | Unit | Update Time | Value | YoY | 5-Day Trend | | --- | --- | --- | --- | --- | --- | --- | --- | | Agriculture | Corn Spot Price | Daily | Yuan/ton | 7/29 | 2332.9 | -0.24% | - | | | Egg Spot Price | Daily | Yuan/kg | 7/29 | 6.8 | 3.03% | - | | | Palm Oil Spot Price | Daily | Yuan/ton | 7/29 | 9032.0 | 0.42% | - | | | Cotton Spot Price | Daily | Yuan/ton | 7/29 | 15557.5 | 0.05% | - | | | Average Wholesale Price of Pork | Daily | Yuan/kg | 7/29 | 20.5 | -1.16% | - | | Non-ferrous Metals | Copper Spot Price | Daily | Yuan/ton | 7/29 | 79043.3 | -0.91% | - | | | Zinc Spot Price | Daily | Yuan/ton | 7/29 | 22562.0 | -0.91% | - | | | Aluminum Spot Price | Daily | Yuan/ton | 7/29 | 20676.7 | -1.30% | - | | | Nickel Spot Price | Daily | Yuan/ton | 7/29 | 122683.3 | -1.39% | - | | | Lead Spot Price | Daily | Yuan/ton | 7/29 | 16850.0 | 0.26% | - | | | Rebar Spot Price | Daily | Yuan/ton | 7/29 | 3371.0 | 2.24% | - | | Ferrous Metals | Iron Ore Spot Price | Daily | Yuan/ton | 7/29 | 789.7 | -1.15% | - | | | Wire Rod Spot Price | Daily | Yuan/ton | 7/29 | 3555.0 | 1.64% | - | | | Glass Spot Price | Daily | Yuan/square meter | 7/29 | 16.1 | 8.81% | - | | Non-metals | Natural Rubber Spot Price | Daily | Yuan/ton | 7/29 | 15066.7 | -0.28% | - | | | China Plastic City Price Index | Daily | - | 7/29 | 812.3 | -0.29% | - | | | WTI Crude Oil Spot Price | Daily | US dollars/barrel | 7/29 | 66.7 | 1.15% | - | | Energy | Brent Crude Oil Spot Price | Daily | US dollars/barrel | 7/29 | 70.0 | 1.20% | - | | | Liquefied Natural Gas Spot Price | Daily | Yuan/ton | 7/29 | 4152.0 | -1.14% | - | | | Coal Price | Daily | Yuan/ton | 7/29 | 768.0 | 1.59% | - | | | PTA Spot Price | Daily | Yuan/ton | 7/29 | 4863.3 | 0.96% | - | | Chemicals | Polyethylene Spot Price | Daily | Yuan/ton | 7/29 | 7453.3 | 0.88% | - | | | Urea Spot Price | Daily | Yuan/ton | 7/29 | 1817.5 | -0.95% | - | | | Soda Ash Spot Price | Daily | Yuan/ton | 7/29 | 1315.0 | 5.20% | - | | | National Cement Price Index | Daily | - | 7/29 | 130.1 | -0.53% | - | | Real Estate | Building Materials Comprehensive Index | Daily | Points | 7/29 | 117.6 | 0.72% | - | | | National Concrete Price Index | Daily | Points | 7/29 | 94.1 | -0.82% | - | [49]