2月高频数据跟踪

Production Side - In February, the average operating rate of 247 blast furnaces was 79.98%, slightly up but still weak[3] - The operating rates for electric furnaces, rebar, and cement mills were 36.96%, 33.21%, and 19.28%, respectively, all lower than the previous month[3] - Inventory levels for rebar, cold-rolled, hot-rolled, iron ore, and float glass increased, with month-on-month growth rates of 24.59%, 9.23%, 11.37%, 2.44%, and 13.35%[3] Demand Side - In February, the average transaction area of commercial housing in 30 cities decreased by 32.84% year-on-year, while land transaction area in 100 cities fell by 0.89%[4] - The average weekly express delivery volume was 3.079 billion pieces, down 24.56% month-on-month, while movie box office revenue increased by 192.32% to 1.476 billion yuan[4] - The average number of domestic flights was 14,855, up 15.27% month-on-month[4] Price Side - The agricultural product wholesale price index rose by 0.02% month-on-month and 5.03% year-on-year[5] - Chemical product prices increased by 0.78% month-on-month but decreased by 7.25% year-on-year[5] - The price of lithium carbonate surged by 117.95% year-on-year, while the price of photovoltaic-grade polysilicon increased by 19.98% year-on-year[6]