中国宏观周报（2025年12月第2周）：出口集装箱运价回升-20251215

Industrial Sector - The production of raw materials has shown seasonal adjustments, with steel and building materials output declining this week[2] - The operating rate of petroleum asphalt and cement clinker has decreased, while the float glass operating rate has increased[2] - The operating rates for polyester in textiles and weaving have weakened seasonally, while the operating rates for full steel and semi-steel tires in the automotive sector have increased[2] Real Estate - New home sales in 30 major cities decreased by 34.7% year-on-year as of December 12, with a slight improvement of 1.0 percentage point compared to last week[2] - The second-hand housing listing price index fell by 0.60% month-on-month as of December 1, indicating a narrowing decline[2] Domestic Demand - Movie box office revenue remains high, with an average daily income of 171.45 million yuan, up 192.3% year-on-year[2] - Retail sales of major home appliances decreased by 22.5% year-on-year as of December 5, but improved by 0.6 percentage points compared to the previous value[2] - The number of domestic flights increased by 2.1% year-on-year, while the Baidu migration index rose by 17.2% year-on-year[2] External Demand - The export container freight index increased by 0.3% week-on-week, with Shanghai and Ningbo's export container freight rates rising more rapidly[2] - Port cargo throughput grew by 2.9% year-on-year, while container throughput increased by 9.5% year-on-year[2] Price Trends - The South China industrial product index fell by 2.4%, with black raw material prices down by 2.6% and non-ferrous metal prices up by 0.5%[2] - The wholesale price index for agricultural products rose by 1.0% week-on-week, continuing to outperform the same period last year[2]