Core Insights - The total import and export value of automotive goods in March 2025 reached 23.82 billion USD, reflecting a month-on-month increase of 32.1% but a year-on-year decrease of 0.2% [1] Import Summary - The import value for March 2025 was 3.67 billion USD, showing a month-on-month growth of 3.8% but a significant year-on-year decline of 30.4% [1] - Cumulative imports from January to March 2025 totaled 10.14 billion USD, which is a year-on-year decrease of 35.6% [1] Export Summary - The export value for March 2025 was 20.15 billion USD, with a month-on-month increase of 38.9% and a year-on-year growth of 8.4% [1] - Cumulative exports from January to March 2025 amounted to 55 billion USD, reflecting a year-on-year increase of 4.6% [1]

来源： 中汽协会行业信息部 2025年1-3 月， 全国汽车商品累计进出口总额为 651.4 亿美元，同比下降 4.6% 。其中进口金额 101.4 亿美元，同比下降 35.6% ；出口金额 550 亿美元，同比增长 4.6% 。 据中国汽车工业协会整理的海关总署数据显示， 2025 年 3 月 ， 汽车商品进出口总额为 238.2 亿美元，环比增长 32.1% ，同比下降 0.2% 。其中进口金额 36.7 亿美元，环比增长 3.8% ，同比下 降 30.4% ；出口金额 201.5 亿美元，环比增长 38.9% ，同比增长 8.4% 。 ...

聚烯烃日报 | 2025-05-07 市场分析 价格与基差方面，L主力合约收盘价为6987元/吨（-96），PP主力合约收盘价为6995元/吨（-46），LL华北现货为7320 元/吨（-10），LL华东现货为7330元/吨（-50），PP华东现货为7200元/吨（-80），LL华北基差为333元/吨（+86），LL 华东基差为343元/吨（+46）， PP华东基差为205元/吨（-34）。 上游供应方面，PE开工率为84.4%（+0.6%），PP开工率为74.4%（-1.1%）。 生产利润方面，PE油制生产利润为659.2元/吨（+88.4），PP油制生产利润为319.2元/吨（+88.4），PDH制PP生产利 润为-677.0元/吨（-10.0）。 进出口方面，LL进口利润为-152.3元/吨（+0.0），PP进口利润为-340.1元/吨（-10.0），PP出口利润为20.2美元/吨（+1.2）。 下游需求方面，PE下游农膜开工率为23.4%（-2.7%），PE下游包装膜开工率为47.9%（-1.0%），PP下游塑编开工率 为45.0%（-0.3%），PP下游BOPP膜开工率为61.7%（-0.1%）。 ...

【截至 2025 年 4 月 24 日一周，美国大豆出口检验量等数据公布】截至 2025 年 4 月 24 日的一周，美国 大豆出口检验量 43.9 万吨，较一周前下降 21.5%，较去年同期增长 59.1%。2024/25 年度美国大豆出口 检验总量 4312 万吨，同比增长 11.3%，达到全年出口目标的 86.8%。美国对中国装运大豆 20.5 万吨， 当周美国对中国大豆出口检验量占到该周出口检验总量的 46.8%。巴西外贸秘书处数据显示，4 月 1-25 日，巴西大豆出口量为 1295 万吨，高于一周前的 942 万吨，去年 4 月份全月为 1469 万吨。大豆出口均 价为 389.8 美元/吨，比去年同期下跌 8.9%。3 月出口量为 1468 万吨，同比增长 16.5%。本月关税政策 变化较快，前期"对等关税政策"使市场对未来大豆进口有担忧。目前巴西新季大豆到港，未来几月国内 将维持千万吨级到港，国内大豆供应将宽松。4 月前期豆粕现货偏紧，油厂开机率低，库存低于历史同 期，但后期巴西大豆陆续到港，豆粕紧张情况将缓解，油厂开机率将回升，库存将快速回补。巴西新季 大豆卖压加大，升贴水回落，进口成本对豆 ...

Core Viewpoint - Australia's merchandise trade surplus reached approximately AUD 6.9 billion (about RMB 32.16 billion) in March 2025, significantly exceeding market expectations of around AUD 3.13 billion, marking an increase of approximately AUD 4.05 billion from the adjusted surplus of AUD 2.85 billion in February [1] Group 1: Trade Surplus and Exports - The seasonally adjusted merchandise exports in March increased by approximately 7.6% month-on-month, reaching about AUD 45.35 billion [1] - The imports decreased by approximately 2.2% month-on-month, totaling about AUD 38.45 billion [1] - Rural goods exports fell by approximately 8.5% month-on-month to about AUD 6.22 billion, while non-rural goods exports rose by approximately 8.6% to about AUD 33.77 billion [1] Group 2: Export Price Index - In Q1 2025, the export price index for Australia rose by 2.1% month-on-month but fell by 4.7% year-on-year [2] - The increase in the export price index was primarily driven by rising iron ore prices due to the positive development of the Chinese economy, with metal ores and scrap metal export price indicators increasing by 5.4% in Q1 [2] - The demand for non-monetary gold as a safe-haven asset remained strong, leading to a 12.4% increase in its export price index during the same quarter [2] Group 3: Import Price Index - The import price index rose by 3.3% month-on-month and increased by 3.2% year-on-year in Q1 2025 [2] - Factors contributing to the rise in import prices included the depreciation of the Australian dollar and U.S. sanctions on oil from Russia and Iran, which led to an 8.2% increase in the price index for oil and related products [3] - The import price index for non-monetary gold also increased by 11.7%, contributing to the overall rise in Australia's import price index [3]

韩国4月出口同比增长3.7%，预期下降2%；4月进口同比下降2.7%，预期下降7%。 ...

Economic Overview - In the first quarter of 2025, Jiangmen's GDP reached 91.723 billion yuan, with a year-on-year growth of 2.8% [2][6] - Jiangmen's GDP growth rate is lower than the provincial average of 4.1% [2] Sector Performance - The primary industry added value was 5.238 billion yuan, growing by 0.1% [2] - The secondary industry added value was 37.980 billion yuan, with a growth of 2.7% [2] - The tertiary industry added value was 48.505 billion yuan, showing a growth of 3.3% [2] Trade Performance - Jiangmen's total import and export volume in the first quarter was 47.15 billion yuan, with a growth rate of 10.1% [4] - The export volume was 40.44 billion yuan, increasing by 13.2% [4] County-Level GDP - Xinhui led the city with a GDP of 22.834 billion yuan, while Heshan showed the highest growth rate at 4% [5][7] - Other counties ranked by GDP include Pengjiang (21.361 billion yuan), Taishan (11.815 billion yuan), and Kaiping (10.978 billion yuan) [5][7] Industrial Growth - The total output value of agriculture, forestry, animal husbandry, and fishery was 13.891 billion yuan, with a growth of 0.9% [8] - The industrial added value for large-scale enterprises grew by 3.4%, with manufacturing increasing by 4.7% [8] Investment Trends - Fixed asset investment in Jiangmen decreased by 21.7% year-on-year [9] - The decline in investment was observed across all sectors, with the primary industry down by 36% and the secondary industry down by 26.1% [9] Consumer Spending - The total retail sales of social consumer goods reached 30.796 billion yuan, growing by 1.8% [10] - Urban retail sales grew by 1.7%, while rural retail sales increased by 2.1% [10]

4月29日，武汉市统计局、国家统计局武汉调查队发布经济运行情况：根据湖北省市州 生产总值统一核算结果，初步核算，一季度全市地区生产总值（GDP）4759.41亿元，按不 变价格计算，同比增长5.4%。 分产业看，第一产业增加值81.63亿元，增长4.5%；第二产业增加值1688.32亿元，增长 2.8%；第三产业增加值2989.46亿元，增长6.9%。 "总的来看，一季度，全市经济起步平稳、量质并进，但也要看到，当前外部环境更趋 复杂严峻，经济持续回升向好基础仍需巩固。"市统计局和国家统计局武汉调查队表示，下 阶段，要坚定信心、鼓足干劲、加压奋进，全力攻坚二季度，奋力实现"双过半"，为完成全 年经济社会发展目标任务奠定坚实基础。 编辑：熊展平 发布数据显示，农业生产形势良好，主要农产品产量稳定增长；工业生产恢复向好，规 模以上高技术制造业增加值增长20.1%，锂离子电池、医疗仪器、工业机器人产量同比增长 均超过1倍，分别为148.7%、131.1%、122.5%；服务业增势良好，十大行业门类全部实现增 长，租赁和商务服务业、科学研究和技术服务业均保持两位数增长。 从支撑经济增长的"三驾马车"看，全市固定资产投 ...

市场分析 聚烯烃日报 | 2025-04-29 上游原油提振，聚烯烃偏强震荡 生产利润方面，PE油制生产利润为342.0元/吨（-25.0），PP油制生产利润为32.0元/吨（-25.0），PDH制PP生产利润 为-496.6元/吨（-0.7）。 进出口方面，LL进口利润为-174.1元/吨（+0.0），PP进口利润为-331.8元/吨（-20.0），PP出口利润为19.2美元/吨（+2.4）。 下游需求方面，PE下游农膜开工率为26.1%（-4.0%），PE下游包装膜开工率为48.8%（+1.3%），PP下游塑编开工率 为45.3%（-1.4%），PP下游BOPP膜开工率为61.7%（-0.1%）。 惠州埃克森美孚一期50 LLDPE万吨/年装置、48万吨/年PP装置与47.5万吨/年PP装置成功投产，预计未来新装置持 续放量，PE供应维持偏高，而PP较多装置检修停车，暂缓市场供应压力。聚烯烃下游开工率维持下行，地膜季节 性旺季结束，五一假期前，终端工厂订单维持刚需采购为主。会议释放宏观利好，关税政策影响下，丙烷价格持 续走强，PDH制PP生产利润处于亏损，关注PP成本端变化，整体库存小幅去化。 策略 单边 ...

报告摘要 景气向上 1 、华创宏观 WEI 指数上行。截 至 4 月 20 日，该指数为 5.71% ，环比前一周上行 0.86 个点。 4 月以来该指数上行的主要驱动因素包括： 1 ）沥青开工率 ： 3 月 27 日至 4 月 23 日的沥青开工率 四周均值为 28% ，相比 3 月 6 日 -4 月 2 日四周的均值 27% 上行 1 个百分点。 2 ）钢厂线材产 量 ： 4 月 18 日当周钢厂线材产量同比为 4% ，相比 3 月 28 日当周的 -8% 上行 12 个百分点。 2 、中上游开工率偏强。 焦化、 PTA 、 PVC 、唐山高炉同比、环比均好于去年同期 / 前一周。 景气向下 1 、耐用品消费： 4 月前三周，汽车零售继续回落。 4 月第三周，乘用车零零售增速 17% ，前值 13% 。 4 月前 20 日，乘用车零售增速同比 11.8% 。 3 月全月，乘用车零售增速同比 +14.4% 。 2 、土地：周度溢价率明显回落。 截至 4 月 20 日当周，百城土地溢价率为 4.27% ，近三周平均为 7.7% ； 3 月全月为 13.24% ； 2 月全月为 10.72% 。 3 、水泥发运 ...