中国基础材料监测：2025 年 7 月 -需求走弱，供应面改善尚不明朗-China Basic Materials Monitor_ July 2025_ weakening demand, while supply work has yet to firm up
2025-07-22 01:59
20 July 2025 | 9:20AM HKT China Basic Materials Monitor July 2025: weakening demand, while supply work has yet to firm up Summary: End-user orderbooks mildly picked up MoM as of mid-July, amid still sitting at low levels. Infrastructure construction further weakened including visible deceleration in new project starts, as continued funding constraints now exacerbated by stringent payment requirement, based on feedback from cement producers and construction dealers. Metal demand also softened with signs of i ...