Today, the price increased by 400, the export increased by 51% year-on-year, and the import decreased by 34%. The average import and export prices vary greatly. The latest trade data analysis
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In March, the export of silicone was good and maintained growth. The export volume was 46500 tons, with a year-on-year increase of 50.80% and a month-on-month increase of 32.91%. The average export price was 4971.4 US dollars / ton, 54.13% higher than that of the same period last year. There is still a big gap compared with the average import price of 8366.44 US dollars / ton.
In March, the import was 10300 tons, a year-on-year decrease of 33.53%, a month on month increase of 56.33%. The average import price was 8366.4 US dollars / ton, 34.86% higher than the same period last year, and the price was 15.98% lower than the average import price in February.
Ministry of Commerce: it is expected that consumption will continue to recover in the later stage. Gao Feng, a spokesman for the Ministry of Commerce, said that on the whole, the fundamentals of China's long-term economic growth have not changed, and the characteristics of the consumer market with great potential and strong resilience have not changed. In view of the covid-19 outbreak of new crown pneumonia in China, we will adhere to the people centered approach and coordinate the prevention and control of epidemic situation and economic and social development. With the gradual control of the impact of the epidemic and the implementation of various policies and measures to promote consumption, it is expected that consumption will continue to recover in the later stage.
UBS: global inflation is expected to decline at a high level, and there is little possibility of "stagflation". Hu Yifan, Asia Pacific Investment Director and macroeconomic director of UBS wealth management, said at the media telephone conference held on the 21st that although the global inflation data in March was very high, inflation has shown signs of slowing down, and March may be the peak of inflation this year. Although the global inflation rate will probably remain high in the second quarter, there may be an obvious downward trend in the second half of this year, and the possibility of "stagflation" is low.
