宏观日报：关注下半年经济政策推进-20250911

Report Summary Industry Investment Rating No industry investment rating is provided in the report. Core Viewpoints The report focuses on the economic policy promotion in the second half of the year, including the mid - level event overview of production and service industries, and the upstream, mid - stream, and downstream situations of the industry. It also provides price index data of key industries [1][2][3][4]. Summary by Directory 1. Mid - level Event Overview - Production Industry: Six departments including the Ministry of Industry and Information Technology will carry out a 3 - month special rectification action on network chaos in the automotive industry to improve the handling efficiency of network chaos of automotive enterprises [1]. - Service Industry: The National Development and Reform Commission will maintain policy continuity and stability, focusing on stabilizing employment, enterprises, the market, and expectations. It will implement proactive fiscal policies and moderately loose monetary policies, evaluate policy implementation, and promote capacity governance in key industries [1]. 2. Industry Overview - Upstream: International oil prices are continuously declining, and egg prices are continuously rising [2]. - Mid - stream: The polyester start - up rate is rising, and the coal consumption of power plants is increasing [3]. - Downstream: The sales of commercial housing in second - and third - tier cities are slightly rising, and the number of international flights is decreasing [4]. 3. Key Industry Price Indexes | Industry | Index Name | Price on 9/10 | Year - on - Year Change | | --- | --- | --- | --- | | Agriculture | Spot price of corn | 2308.6 yuan/ton | 0.25% | | | Spot price of eggs | 7.2 yuan/kg | 10.51% | | | Spot price of palm oil | 9380.0 yuan/ton | - 1.18% | | | Spot price of cotton | 15293.8 yuan/ton | - 1.08% | | | Average wholesale price of pork | 19.9 yuan/kg | - 0.65% | | Non - ferrous Metals | Spot price of copper | 79776.7 yuan/ton | - 0.73% | | | Spot price of zinc | 22080.0 yuan/ton | - 0.63% | | | Spot price of aluminum | 20693.3 yuan/ton | - 0.24% | | | Spot price of nickel | 121766.7 yuan/ton | - 0.30% | | | Spot price of aluminum | 16781.3 yuan/ton | - 0.11% | | | Spot price of rebar | 3139.5 yuan/ton | - 0.48% | | Ferrous Metals | Spot price of iron ore | 800.1 yuan/ton | 1.32% | | | Spot price of wire rod | 3315.0 yuan/ton | - 0.23% | | | Spot price of glass | 14.3 yuan/square meter | 2.67% | | Non - metals | Spot price of natural rubber | 15150.0 yuan/ton | 0.66% | | | China Plastic City Price Index | 796.6 | - 0.72% | | | Spot price of WTI crude oil | 62.6 dollars/barrel | - 4.51% | | Energy | Spot price of Brent crude oil | 66.4 dollars/barrel | - 3.98% | | | Spot price of liquefied natural gas | 3886.0 yuan/ton | - 0.15% | | | Coal price of coal | 777.0 yuan/ton | - 0.64% | | | Spot price of PTA | 4649.2 yuan/ton | - 2.11% | | Chemical | Spot price of polyethylene | 7391.7 yuan/ton | - 0.45% | | | Spot price of urea | 1693.8 yuan/ton | - 1.09% | | | Spot price of soda ash | 1262.5 yuan/ton | 0.00% | | Real Estate | Cement price index of the whole country | 130.6 | 0.97% | | | Building materials comprehensive index | 113.2 points | 0.04% | | | Concrete price index of the national index | 92.6 points | - 0.28% | [38]