附錄數(shù)據(jù)：工業(yè)企業(yè)：量（營(yíng)收、增加值、價(jià)（PPI、利（利潤(rùn)）絕對(duì)景氣和相對(duì)景氣判斷 規(guī)模以上工業(yè)企業(yè):利潤(rùn)總額:累計(jì)同比:%規(guī)模以上工業(yè)企業(yè):營(yíng)業(yè)收入:累計(jì)同比:%規(guī)模以上工業(yè)企業(yè):工業(yè)增加值:累計(jì)同比:%規(guī)模以上工業(yè)企業(yè):PPI:當(dāng)月同比:%圖2：工業(yè)企業(yè)：短期供給（存貨、長(zhǎng)期供給（固定資產(chǎn)投資）2025年10月板塊/大類(lèi)行業(yè)/細(xì)分行業(yè)第二產(chǎn)業(yè)：工業(yè)工業(yè) 采礦業(yè)工業(yè) 制造業(yè)工業(yè) 電力、熱力、燃?xì)饧八a(chǎn)和供應(yīng)石油化工 石油、煤炭及其他燃料加工業(yè)電力設(shè)備 電氣機(jī)械和器材制造業(yè)儀器儀表 儀器儀表制造業(yè)采礦業(yè) 有色金屬礦采選業(yè)交運(yùn)設(shè)備鐵路、船舶、航空航天和其他運(yùn)輸設(shè)備制造公用事業(yè) 電力、熱力生產(chǎn)和供應(yīng)業(yè)采礦業(yè) 黑色金屬礦采選業(yè)交運(yùn)設(shè)備 汽車(chē)制造業(yè)食品飲料 煙草制品業(yè)礦物加工 有色金屬冶煉和壓延加工業(yè)其他 廢棄資源綜合利用業(yè)其他 金屬制品、機(jī)械和設(shè)備修理石油化工 化學(xué)纖維制造業(yè)采礦業(yè) 石油和天然氣開(kāi)采業(yè)石油化工 化學(xué)原料和化學(xué)制品制造公用事業(yè) 水的生產(chǎn)和供應(yīng)業(yè)TMT設(shè)備 計(jì)算機(jī)、通信和其他電子設(shè)備制造公用事業(yè) 燃?xì)馍a(chǎn)和供應(yīng)業(yè)機(jī)械設(shè)備 金屬制品業(yè)輕工制造 造紙和紙制品業(yè)礦物加工 黑色金屬冶煉和壓延加工采礦業(yè) 煤炭開(kāi)采和洗選業(yè)食品飲料 農(nóng)副食品加工業(yè)食品飲料 酒、飲料和精制茶制造業(yè)石油化工 橡膠和塑料制品業(yè)采礦業(yè) 非金屬礦采選業(yè)輕工制造 印刷和記錄媒介復(fù)制業(yè)紡織服飾 紡織服裝、服飾業(yè)輕工制造 木材加工和木、竹、藤、棕、草制品機(jī)械設(shè)備 通用設(shè)備制造業(yè)紡織服飾 紡織業(yè)食品飲料 食品制造業(yè)紡織服飾 皮革、毛皮、羽毛及其制品和制鞋輕工制造 家具制造業(yè)輕工制造 文教、工美、體育和娛樂(lè)用品制造機(jī)械設(shè)備 專用設(shè)備制造業(yè)礦物加工 非金屬礦物制品業(yè)石油化工 醫(yī)藥制造業(yè)

絕對(duì)景氣和相對(duì)景氣判斷環(huán)比改善指標(biāo)數(shù)量歷史分位數(shù)均值1 26%1 49%1 21%0 20%2 49%2 30%2 2%1 91%1 69%1 66%1 65%1 61%1 53%1 48%1 43%1 42%1 41%1 30%1 29%1 29%1 26%1 20%1 16%1 16%0 49%0 44%0 39%0 38%0 31%0 24%0 23%0 22%0 21%0 21%0 20%0 20%0 20%0 16%0 10%0 10%0 2%0 2%

規(guī)模以上工業(yè)企業(yè):產(chǎn)成品存貨:同比:%環(huán)比變化pct 以來(lái)歷史分位0.9 24%0.0 58%0.9 32%-5.2 0%1.3 8%3.2 53%0.5 3%1.5 84%0.2 60%2.6 84%8.4 59%5.3 43%-1.4 26%2.6 68%2.2 50%3.5 2%2.6 33%-0.8 36%2.2 54%1.6 44%1.8 50%-5.2 0%0.8 11%2.3 15%-0.6 72%-1.6 38%-0.1 35%-4.1 51%-0.2 25%-2.0 40%-0.2 29%-2.1 3%-4.1 6%-0.1 2%-0.5 6%-0.7 10%-1.1 0%-0.7 1%-2.6 1%-0.7 9%-0.3 1%-1.5 2%

固定資產(chǎn)投資(不含農(nóng)戶)完成額:累計(jì)同比:%環(huán)比變化pct 以來(lái)歷史分位-1.5 27%0.1 41%-1.3 10%-2.8 39%0.5 90%0.1 7%0.4 1%-2.3 98%-2.2 79%-3.3 49%-5.6 71%-1.7 79%3.6 80%-1.9 28%-4.5 36%-0.9 83%-0.3 48%3.4 23%-2.3 5%-1.7 14%-0.1 2%1.5 39%-2.2 21%-1.2 17%0.0 26%-1.9 51%-3.6 43%-3.4 25%-0.8 37%-1.1 7%-2.2 16%-4.8 42%-4.9 37%-2.3 41%-2.9 35%-4.9 30%-6.3 40%-3.1 31%-2.3 19%-1.3 11%-1.9 4%-1.4 2%整體生產(chǎn)訂單量?jī)r(jià)庫(kù)存新訂單在手訂單進(jìn)口出廠價(jià)格采購(gòu)量從業(yè)人員供應(yīng)商配送時(shí)間整體生產(chǎn)訂單量?jī)r(jià)庫(kù)存新訂單在手訂單進(jìn)口出廠價(jià)格采購(gòu)量從業(yè)人員供應(yīng)商配送時(shí)間大型企業(yè)企業(yè)類(lèi)型行業(yè)中型企業(yè)小型企業(yè)高技術(shù)制造業(yè)8%10%11%51%29%18%59%35%21%12%43%45%44%17%4%22%73%16%12%0.20.30.41.01.70.21.10.70.50.0-0.80.10.10.3-0.60.22.0-0.4-0.449.2050.0049.2045.5047.6047.0053.6048.2049.5047.3047.3048.4050.1053.1049.3048.9049.1049.8049.0049.7048.8044.5045.9046.8052.5047.5049.0047.3048.1048.3050.0052.8049.9048.7047.1050.2050.10 50.5049.8051.9049.7045.2047.8048.1053.2048.2051.6048.5048.2048.5050.8054.1051.0048.8048.2051.9051.6049.4050.8049.5045.5047.2048.0053.3049.1050.4048.0046.8047.9050.5053.7050.8048.9046.6050.5051.9049.3050.5049.4044.7047.1047.8051.5048.3049.5047.7047.4048.0050.3052.6050.3049.5046.4050.3050.60制造業(yè)PMI% 年來(lái)分位數(shù) 最新較上月環(huán)比變化pct 2025-11 2025-10 2025-09 2025-08 2025-07基礎(chǔ)原材料行業(yè)54%1.148.4047.3047.5048.2048.00消費(fèi)品行業(yè)10%-0.749.4050.1050.6049.2049.50非制造業(yè)PMI%年來(lái)分位數(shù)最新較上月環(huán)比變化pct2025-112025-102025-092025-082025-07新訂單6%-0.345.7046.0046.0046.6045.70訂單 在手訂單21%0.043.6043.6044.4043.4042.30新出口訂單31%1.747.9046.2049.8048.8048.80投入品價(jià)格23%1.050.4049.4049.0050.3050.30量?jī)r(jià)庫(kù)存 銷(xiāo)售價(jià)格36%1.349.1047.8047.3048.6047.90存貨1%-1.244.8046.0044.9045.7045.30從業(yè)人員3%0.145.3045.2045.0045.6045.60供應(yīng)商配送時(shí)間27%0.351.2050.9051.1051.3051.20業(yè)務(wù)活動(dòng)預(yù)期9%0.156.2056.1055.7056.2055.80建筑業(yè)4%0.549.6049.1049.3049.1050.60行業(yè) 服務(wù)業(yè)7%-0.749.5050.2050.1050.5050.00商務(wù)活動(dòng)4%-0.649.5050.1050.0050.3050.10額增速高位放緩，金銀珠寶零售保持高增；白酒、豬肉價(jià)格磨底中，乳品和牛羊肉價(jià)格繼續(xù)回升

；注：環(huán)比改善指相比上個(gè)月同比增速加快或降幅收窄，下同。好于內(nèi)銷(xiāo)6.0%4.0%2.0%0.0%-2.0%-4.0%-6.0%-8.0%

消費(fèi)者信心指數(shù)

8.0%7.0%6.0%5.0%4.0%3.0%2.0%

社零總額社零：商品零售額社零：除汽車(chē)以外的消費(fèi)品零售額

10.0%9.0%8.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%

限額以上：零售總額70.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%

100.0%乘用車(chē)出口量 乘用車(chē)內(nèi)銷(xiāo)量

新能源車(chē)出口量 新能源車(chē)內(nèi)銷(xiāo)量；注：如無(wú)特別說(shuō)明，報(bào)告中折線圖均為量、價(jià)或銷(xiāo)售額的同比增速，下同。40.0%35.0%30.0%25.0%20.0%15.0%10.0%5.0%0.0%-5.0%

70.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%

45.0%60.0%50.0%40.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%35.0%30.0%25.0%20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%限額以上：家電和音像器材零售額

空調(diào)內(nèi)銷(xiāo)量 空調(diào)出口量

冰箱內(nèi)銷(xiāo)量 冰箱出口量 洗衣機(jī)內(nèi)銷(xiāo)量 洗衣機(jī)出口量P4年同期水平附近，鵝絨價(jià)格修復(fù)顯著，終端服裝零售額增速穩(wěn)中有升15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%

10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

80.0%60.0%40.0%20.0%0.0%-20.0%-40.0%-60.0% 乙二醇(MEG) 精對(duì)苯二甲酸棉花 聚酯切片

滌綸長(zhǎng)絲DTY 滌綸長(zhǎng)絲

白鵝絨 灰鵝絨15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

30.0%25.0%20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

14.0%12.0%10.0%8.0%6.0%4.0%2.0%0.0%-2.0% 滌綸短纖 粘膠短纖 腈綸短纖

紗線 干繭 生絲

限額以上：服裝零售額基數(shù)下保持雙位數(shù)正增，線下和網(wǎng)上零售增速平穩(wěn)，電影票房以價(jià)換量，快遞反內(nèi)卷單價(jià)提升

上市獲批數(shù)略高于去年同期16.0%14.0%12.0%10.0%8.0%6.0%4.0%2.0%0.0%

1.0%0.5%0.0%-0.5%-1.0%-1.5%-2.0%-2.5%-3.0%

2.0%1.0%0.0%-1.0%-2.0%-3.0%-4.0% 限額以上：糧油食品飲料煙酒零售額

白酒批發(fā)價(jià)格總指數(shù)

牛奶零售價(jià) 酸奶零售價(jià)10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%-30.0%-35.0%

30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0% 牛肉價(jià)格 羊肉價(jià)格

白條雞價(jià)格 毛鴨價(jià)格

豬肉價(jià)格8.0%7.0%6.0%5.0%4.0%3.0%2.0%1.0%0.0%-1.0%-2.0%

40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%

2023-122024-022023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10 限額以上：中西藥品零售額

FDA:藥品上市與補(bǔ)充獲批數(shù)

FDA:新藥上市獲批數(shù) FDA:新藥補(bǔ)充獲批數(shù)CPI】PI0整體整體食品非食品消費(fèi)品服務(wù)項(xiàng)目不包括食品和能源食品煙酒食用油畜肉類(lèi)牛肉羊肉豬肉奶類(lèi)糧食蛋生活用品及服務(wù)家用器具家庭服務(wù)衣著服裝鞋交通工具交通工具用燃料教育文化和娛樂(lè)旅游居住租賃房房租水、電、燃料醫(yī)療保健其他用品和服務(wù)12%9%25%11%20%35%13%25%26%0.51.50.20.60.20.21.00.31.01.00.20-2.900.90-0.200.801.20-0.30-4.400.70-0.800.601.00-0.40-4.300.50-1.000.600.900.00-1.600.30-0.400.500.8017%2%5%8%29%13%24%4%1%1.0-0.30.00.31.1-16.00-1.70-0.70-11.602.00-17.00-1.40-0.70-11.900.90-16.10-1.60-0.80-12.402.20-1.30-1.00-11.203.40-0.55.005.504.6029%29%32%3%0.50%%13%20%27%0%2%8.008.609.9012.8092.1.101.601.902.400.5-0.60-1.20-0.90-1.20-0.80-1.30-0.90-1.30-0.10.00.500.901.101.400.336%0.10-0.100.500.10-0.100.400.100.000.400.10-0.100.300.0-0.1-0.11.2450.901.100.501.001.200.700.800.800.900.900.702.100.1-0.121%81%92%54%0.30-0.200.100.000.300.000.800.000.200.001.500.000.100.101.200.00-9.00-7.10-6.00-5.400.00.6-0.10.1-0.30.0-3.10-2.10-2.40-1.90-2.00-1.90-1.50-1.9070%59%1.701.801.201.801.901.301.701.801.401.701.801.500.00.00.165%1.701.601.601.600.06%2.8099%1.201.802.201.90-0.399%0.10-1.900.00-1.900.00-1.30-0.10-2.00-0.1-0.72.80-3.70-4.20-2.002.2-7.60-15.20-13.70-7.306.4-9.50-1.40-0.700.802.401.63.604.104.605.60-4.60-8.00-8.40-7.40-0.80-1.40-2.50-1.50-2.60-1.40-1.60-1.102025-072025-082025-092025-10最新增速較上月環(huán)比變化：pct2010年來(lái)分位數(shù)CPI:當(dāng)月同比%100%75%54%73%4-14.7%-14.7%-12.2%45518%32%30.3%30.9%4——%510.9%14.5%20.5%24.0%77%813.0%12.8%14.6%14.4%95%968%45610.4%15.1%22.3%11.3%15.7%21.5%13.1%15.5%21.5%13.4%15.5%19.6%86%743.6%42.0%42.9%29.4%95%8-23.5%——-1.0%-1.9%-2.2%-2.1%-1.9%12%0日月月月月月月月新造船價(jià)格新接船舶訂單量工業(yè)機(jī)器人產(chǎn)量叉車(chē)內(nèi)銷(xiāo)量:累計(jì)叉車(chē)外銷(xiāo)量:累計(jì)挖掘機(jī)出口量挖掘機(jī)內(nèi)銷(xiāo)量重卡銷(xiāo)量機(jī)械32.3%30.1%28.1%25.7%5%84.7%87.3%89.4%90.4%95%877%13.3%13.4%14.5%13.6%15.6%13.3%16.4%12.1%32.3%34.5%33.7%55.0%98.2%125.6%124.6%96%10-15.6%13.2%20.3%100%10-8.2%-1.7%-6.7%80%109.4%20.0%100%82.8%6.7%-6.8%6.9%9.9%-3.0%-6.7%7.2%92.0%207.7%100%10-11.3%-6.0%-6.6%1.7%28.2%100%10日日日日日日月月月月月電解液:錳酸鋰價(jià)格六氟磷酸鋰價(jià)格碳酸鋰價(jià)格電解鎳價(jià)格氫氧化鋰價(jià)格電解鈷價(jià)格充電樁保有量乘用車(chē)出口量乘用車(chē)內(nèi)銷(xiāo)量新能源車(chē)出口量新能源車(chē)內(nèi)銷(xiāo)量新能源汽車(chē)79.4%72.1%56.2%52.9%70%680.7%64.7%49.3%39.5%60%7-11.6%-7.5%-2.9%1.6%1.1%96%1188%10-0.2%-0.9%4.8%3.4%9.7%9.5%19.3%6.1%3.5%0.7%88%10100%812.8%22.2%16.5%27.8%27.5%34.2%30.0%37.0%31.6%38.9%100%9周周周周周月月多晶硅料致密料:平均現(xiàn)貨價(jià)多晶硅料粒料:平均現(xiàn)貨價(jià)硅片:平均現(xiàn)貨價(jià)電池片:平均現(xiàn)貨價(jià)光伏組件:平均現(xiàn)貨價(jià)光伏新增設(shè)備容量風(fēng)電新增設(shè)備容量光伏2025/11/302025/10/312025/9/302025/8/312025/7/31近兩年趨勢(shì)近兩年分位數(shù)近一年環(huán)比改善月數(shù)頻率指標(biāo)領(lǐng)域4

多晶硅料致密料:多晶硅料粒料:

2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

電池片:平均現(xiàn)貨價(jià) 光伏組件:平均現(xiàn)貨價(jià)

2023-102023-122024-022024-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

60.0%50.0%40.0%30.0%20.0%10.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10電解液:錳酸鋰價(jià)格 六氟磷酸鋰價(jià)碳酸鋰價(jià)格

電解鎳價(jià)格 氫氧化鋰價(jià)格 電解鈷價(jià)格

充電樁保有量8.0%6.0%4.0%2.0%0.0%-2.0%-4.0%

70.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

50.0%40.0%30.0%20.0%10.0%0.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10新造船價(jià)格

新接船舶訂單量

工業(yè)機(jī)器人產(chǎn)量50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%

80.0%60.0%40.0%20.0%0.0%-20.0%-40.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10叉車(chē)內(nèi)銷(xiāo)量:累計(jì) 叉車(chē)外銷(xiāo)量:累計(jì)

挖掘機(jī)出口量 挖掘機(jī)內(nèi)銷(xiāo)量

重卡銷(xiāo)量快增長(zhǎng)領(lǐng)域 指標(biāo) 頻率 近一年環(huán)比改善月數(shù) 近兩年分位數(shù) 近兩年趨勢(shì) 2025/11/302025/10/312025/9/302025/8/312025/7/31電信業(yè)務(wù)總量 月 7 55% 1.6% 1.5% 1.6%電信業(yè)務(wù)收入 月 5 10% 0.9% 0.9% 0.8% 0.7%移動(dòng)通信基站產(chǎn)量 月 6 100% 18.2% 14.1% 3.2% 1.3%通信電子電子臺(tái)股營(yíng)收游戲

光模塊出口金額光模塊出口數(shù)量光模塊出口均價(jià)通訊器材零售額DRAM價(jià)格NANDFlash價(jià)格DXI指數(shù)費(fèi)城半導(dǎo)體指數(shù)集成電路產(chǎn)量光電子器件產(chǎn)量智能手機(jī)出貨量智能手機(jī)上市新機(jī)型量發(fā)光二極管集成電路設(shè)計(jì)IC制造印刷電路板原料印刷電路板制造被動(dòng)元件連接器光學(xué)動(dòng)態(tài)隨機(jī)存儲(chǔ)器動(dòng)態(tài)隨機(jī)存儲(chǔ)器芯片DRAM模組觸摸屏面板主板PC手機(jī)電池國(guó)產(chǎn)游戲?qū)徟鷶?shù)量:累計(jì)中國(guó)游戲市場(chǎng)銷(xiāo)售收入:累計(jì)

月 1月 2月 6月 6工作日 8工作日 9月 5日 9日 7月 6月 8月 6月 3月 5月 2月 2月 7月 6月 4月 5月 5月 4月 2月 7月 7月 4月 5月 4月 3月 4月 4月 6月 6月 6月 7月 5月 6月 6

5%14%32%70%100%92%4%100%60%45%45%10%14%81%18%18%73%23%68%77%27%23%14%45%45%41%18%41%14%36%32%73%36%73%77%73%45%55%

353.1%56.8%-9.5%868.3%42.6%29.4%

-16.9% -15.7% -15.8%2.2% 4.4% 6.3%-18.7% -19.2% -20.8%28.0% 28.7% 30.1%289.3% 164.9% 111.7%48.1% 43.4% 58.2%-6.3% -4.0% -6.2%466.0% 188.6% 140.3%46.1% 23.1% 9.9%11.0% 10.4%9.5% 21.0% 20.5%7.1% 5.5%-1.9% -3.3%18.8% 15.0%-24.1% -24.0% -3.1%9.2% 9.6% 9.0%30.1% 31.9% 32.3%7.5% 7.2% 6.6%10.7% 11.3% 11.3%12.7% 12.9% 12.5%7.2% 7.3% 7.3%8.3% 4.6%7.6% 8.0% 8.8%13.4% 9.4% 4.5%14.2% 7.6% 3.1%12.3% 12.2% 6.6%-5.1% -5.2% -4.7%-7.5% -6.7% -6.7%2.3% 2.3% 2.8%-2.2% -1.7% -3.8%22.9% 25.0% 27.4%21.5% 22.5% 23.0%17.7% 16.7% 15.1%21.8% 23.0% 23.7%-2.0% -0.7% 1.1%-2.2% -2.8% -2.6%26.3% 24.6% 23.5%7.2% 7.1% 8.5%

-13.9%10.1%-21.9%32.0%73.8%60.8%-10.4%131.5%7.2%10.1%20.5%5.9%-1.7%10.1%32.6%6.5%12.3%13.9%8.0%7.0%12.4%1.3%-1.4%5.5%-3.3%-4.7%3.9%-3.1%30.5%25.1%16.6%25.7%-2.7%-1.1%20.6%12.6%快增長(zhǎng)

&投資、銷(xiāo)售和供給增速降幅擴(kuò)大，水泥價(jià)格低位震蕩，玻璃純堿價(jià)格趨穩(wěn)，TDI、MDI、聚醚等價(jià)格修復(fù)4432%0%%9%3555354%0%15%2255-3.2%10.4%30.1%4.1%25.4%45.6%32.7%0.1%35.0%24.7%36.4%5.5%69.7%36.3%70%8-47.3%0%759%-9.9%%417-12.4%-6.0%-5.3%-3.6%-2.4%96%8-12.4%-11.5%-9.4%-10.1%-6.2%70%83%729.3%-4.3%7.7%-5.1%6.3%-2.2%1.9%2.2%7.4%4.5%90%656%67%日日日日日周月月月月刨花板價(jià)格人造板價(jià)格TDI價(jià)格MDI價(jià)格商業(yè)和辦公家具均價(jià)全屋定制均價(jià)家具零售額家具5.3%4.6%4.1%2.1%5-38.6%-38.3%-29.1%-30.7%-27.8%50%7-6.9%-11.7%16.0%-13.2%-15.6%57%6-18.6%-18.2%-18.7%-18.8%-19.5%-10.9%-7.3%-15.1%-21.7%-24.1%日周日日月水泥價(jià)格混凝土價(jià)格玻璃價(jià)格純堿價(jià)格建筑及裝潢材料零售額建材-16.6%-17.1%-15.4%-17.0%70%-9.2%-9.3%-9.4%-9.4%70%-19.5%-19.5%-19.0%-19.9%85%860%-4.8%-5.4%-6.3%-7.6%-12.0%-13.0%-13.9%-14.8%10%-7.1%-6.8%-6.3%-6.7%-6.7%95%10-8.4%-8.0%-7.9%-8.3%-8.3%73%8-5.4%-5.4%-4.8%-5.6%-5.8%68%9周周周月月月月月一線城市二手房掛牌價(jià)二線城市二手房掛牌價(jià)三線城市二手房掛牌價(jià)地產(chǎn)開(kāi)發(fā)投資完成額商品房銷(xiāo)售面積房屋施工面積房屋竣工面積地產(chǎn)492.0%469.6%382.4%342.6%82%868.4%88.3%100.8%80.8%%388月月滬深兩市日均成交額:累計(jì)股票市場(chǎng)籌資額:累計(jì)證券2.3%2.4%2.5%2.3%63679.1%7.5%14.0%11.3%12.7%10.2%12.0%9.6%41%74.0%3.7%3.7%2.7%6.8%9.6%8.8%8.0%7月月月月月保費(fèi)收入保費(fèi)-財(cái)產(chǎn)險(xiǎn)收入保費(fèi)-壽險(xiǎn)收入保費(fèi)-人身險(xiǎn)收入保費(fèi)-健康險(xiǎn)收入保險(xiǎn)2025/11/302025/10/312025/9/302025/8/312025/7/31近兩年趨勢(shì)近兩年分位數(shù)頻率近一年環(huán)比改善月數(shù)&復(fù)

&0.0%-2.0%-4.0%-6.0%-8.0%-10.0%-12.0%-14.0%

0.0%-5.0%-10.0%-15.0%-20.0%-25.0%-30.0%

20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%一線城市二手房掛牌價(jià) 二線城市二手房掛牌三線城市二手房掛牌價(jià)

地產(chǎn)開(kāi)發(fā)投資完成額 商品房銷(xiāo)售面積

房屋新開(kāi)工面積 房屋施工面房屋竣工面積30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%

30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%-50.0%

40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0% 水泥價(jià)格 混凝土價(jià)格

玻璃價(jià)格 純堿價(jià)格

建筑及裝潢材料零售額 家具零售額40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%

10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%

TDI價(jià)格 MDI價(jià)格

聚醚硬泡價(jià)格 軟泡聚醚價(jià)

住宅家具均價(jià) 商業(yè)和辦公家具均全屋定制均價(jià)領(lǐng)域 指標(biāo) 頻率近一年環(huán)比改善月數(shù) 近兩年分位數(shù) 近兩年趨勢(shì) 原油 日 6 24% -13.9% -12.0% -8.5% -13.0% -11.1% 汽油 日 8 44% -3.4% -1.7% -1.8% -8.0% -8.3% -5.2%液化石油氣LPG 日 6 24% -9.2% -12.9% -7.9% -12.5% -11.5% -7.3%丁烷 日 5 48% -5.3% -14.1% -15.3% -13.3% -18.6% -17.3%丙烷 日 6 52% -4.5% -12.6% -12.5% -13.1% -16.8% -13.7%石蠟 日 5 0% -13.9% -11.7% -12.3% -5.0% -1.3% -0.5%能源電力鋼鐵貴金屬小金屬造紙交運(yùn)

瀝青 周 4工業(yè)萘 周 4液化天然氣LNG 日 3煙煤 日 8焦煤 日 4焦炭 日 7動(dòng)力煤 日 6發(fā)電量 月 8火電發(fā)電量 月 8水電發(fā)電量 月 2風(fēng)電發(fā)電量 月 5太陽(yáng)能發(fā)電量 月 5鐵礦石 日 7廢鋼 日 7鋼坯 日 7普通中板 日 7縫鋼管 日 6角鋼 日 7鋼材 周 8黃金 日 8銀 日 9銅 日 9鋁 日 5氧化鋁 日 4鉛 日 7鋅 日 6錫 日 8鎂錠 日 8鎳 日 8鈷 日 8金屬硅 日 7銻 日 4鈾 月 0稀土 日 9漂針漿中紙 周 6漂闊漿中紙 周 4白板紙 周 5瓦楞紙 日 6箱板紙 日 4雙膠紙 月 2快遞業(yè)務(wù)收入 月 1快遞業(yè)務(wù)量 月 3快遞單價(jià) 月 8公路運(yùn)輸運(yùn)價(jià) 周 7集裝箱運(yùn)價(jià) 周 5油運(yùn)BDTI 日 9沿海散貨運(yùn)價(jià) 周 8BDI 日 6

0%4%56%64%68%60%88%30%30%15%65%90%68%72%72%68%64%76%64%100%100%96%60%0%36%4%92%100%76%100%56%48%N/A92%22%83%88%100%72%27%5%9%82%80%20%100%64%88%

-15.7%-20.5%-2.8%-14.6%-4.7%-16.2%-0.2%1.9%-6.4%-3.2%-5.3%-6.4%-4.9%-4.8%58.7%83.8%16.1%4.8%-50.9%-4.8%-14.0%35.3%-2.8%-7.4%129.4%-16.2%25.1%24.0%-11.7%7.7%1.1%15.5%-0.9%2.0%-37.2%62.8%6.3%89.1%

-6.6%-19.7%-10.4%-24.4%-9.5%-11.5%-9.3%3.3%-0.2%1.9%11.0%38.2%3.4%-2.3%-5.7%-5.0%-7.8%-6.5%-6.3%45.4%46.8%13.8%1.2%-44.2%-0.6%-10.5%15.3%-7.3%-3.1%-16.4%7.4%-3.8%16.7%-8.8%1.2%-0.5%12.2%-6.2%-5.6%8.5%16.1%-6.6%-0.9%-35.8%48.7%7.9%41.6%

-4.2%-10.3%-22.0%-19.8%-13.7%-24.4%-19.4%2.8%-1.0%-0.7%14.0%42.0%-4.1%-3.8%-10.6%4.8%-0.6%0.4%0.8%45.6%48.3%6.1%3.5%-29.4%-5.8%-9.3%6.0%-6.3%-12.7%-14.9%8.6%-2.7%22.8%-8.0%-3.5%10.6%-7.3%-5.6%8.9%17.2%-7.1%0.5%-47.8%30.7%0.0%2.4%

-1.6%2.9%-0.5%-4.9%16.6%43.5%3.3%-1.4%1.0%8.4%-0.8%1.1%1.4%39.1%39.7%8.1%5.5%-3.7%-6.0%7.7%-5.0%-7.7%75.7%14.1%33.7%-6.8%-4.2%2.4%-7.3%-7.2%9.2%17.8%-7.4%0.8%18.6%7.4%11.6%

1.6%-6.7%2.7%-1.0%-3.9%15.7%43.2%-1.9%-8.8%-1.3%-0.8%-5.1%-3.0%-3.4%35.4%26.9%8.0%7.3%-6.2%-0.3%7.5%-4.1%-9.3%46.5%16.8%30.0%-4.0%-4.0%-4.2%-6.7%0.0%9.9%18.7%-7.4%2.3%-5.2%6.8%17.3%

3.0%-12.0%-1.8%-30.6%-39.5%-36.3%-26.5%2.3%-2.1%-2.3%16.4%40.4%-11.8%-17.4%-11.5%-9.7%-7.3%-11.3%-13.1%41.4%22.4%2.2%2.1%-21.0%-8.1%-6.7%2.8%-10.8%-12.0%16.2%-23.4%17.6%14.9%-5.5%-3.3%-4.2%-5.7%-1.8%10.1%19.3%-7.7%1.4%-49.9%-14.4%6.7%-27.4%】油價(jià)窄幅震蕩，油氣天然氣價(jià)格同比降幅收斂，冬儲(chǔ)補(bǔ)庫(kù)推動(dòng)煤價(jià)上行20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%-30.0%-35.0%

40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%

20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022024-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

液化石油氣LPG 丁烷 丙烷

石蠟 瀝青30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%-50.0%

20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10工業(yè)萘 液化天然氣LNG

2023-102023-122024-022024-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

動(dòng)力煤20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%-50.0%-60.0%

30.0%25.0%20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%

60.0%50.0%40.0%30.0%20.0%10.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10 煙煤 火電發(fā)電量 水電發(fā)電

風(fēng)電發(fā)電量 太陽(yáng)能發(fā)電量】鋼鐵鋼材價(jià)格底部回穩(wěn)、趨勢(shì)上行60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%

20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%-30.0%

10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022024-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

廢鋼 鋼坯

普通中板 縫鋼管 角鋼】貴金屬、工業(yè)金屬價(jià)格震蕩走高90.0%80.0%70.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%

30.0%25.0%20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%

2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022024-042024-062023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

銻 稀土

錫 鎂錠】包裝紙價(jià)格反彈回升，油運(yùn)干散運(yùn)價(jià)上行50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%

20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%

5.0%0.0%-5.0%-10.0%-15.0%2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022024-042023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

白板紙 瓦楞紙

箱板紙 雙膠紙3.0%2.5%2.0%1.5%1.0%0.5%0.0%-0.5%-1.0%-1.5%

2023-102023-122023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-102023-102023-122024-022023-102023-122024-022024-042024-062024-082024-102024-122025-022025-042025-062025-082025-10

集裝箱運(yùn)價(jià)

油運(yùn)BDTI 沿海散貨運(yùn)價(jià) BDI頻率中國(guó)化工產(chǎn)品價(jià)格指數(shù)(CCPI工作日

近一年環(huán)比改善月數(shù)7

24%

2025/11/302025/10/312025/9/302025/8/312025/7/312025/6/30-10.8% -11.3% -10.2% -11.0% -10.5% 煤化工橡膠塑料氯堿氟化工化肥維生素化纖蛋白質(zhì)

丙烯純苯甲苯丙烯酸甲醇醋酸正丁醇丙烯腈丁酮轎車(chē)輪胎經(jīng)銷(xiāo)商價(jià)格指數(shù)瀝青丙酮苯酚雙酚A聚氯乙烯聚碳酸酯PC(注塑低粘)LDPE(薄膜)甲醛環(huán)氧樹(shù)脂環(huán)氧氯丙烷不飽和樹(shù)脂(191)鈦白粉鈦精礦(TiO2≥46%)純堿電石聚氯乙烯(PVC)氫氟酸尿素液氨合成氨硫酸鉀氯化鉀硫磺硫酸維生素A維生素B1維生素B2維生素B6維生素維生素B3維生素B5維生素B9維生素(99維生素D3維生素E維生素PTA氨綸己內(nèi)酰胺錦綸POY賴氨酸色氨酸蘇氨酸固體蛋氨酸液體蛋氨酸

日 6日 5日 4日 4日 8日 4日 3日 7日 5日 4日 4日 8日 9日 6日 6周 6日 5日 4日 4月 5月 6日 7日 7日 4日 3日 5日 4日 6日 7日 7日 8周 4日 5日 3日 7日 7日 5日 6周 5周 4日 7日 7日 7日 9日 8日 7日 5日 9日 8日 6日 7工作日 1工作日 3工作日 2工作日 4工作日 1工作日 5工作日 6工作日 2工作日 2工作日 3工作日 3工作日 4日 9日 8日 6日 8日 2日 5日 9日 6日 2工作日 3工作日 5工作日 6工作日 9工作日 8

0%8%12%20%56%0%0%76%16%0%4%36%72%0%4%32%8%16%8%23%77%4%20%12%12%28%8%0%8%84%84%0%24%26%60%28%28%64%0%30%84%80%76%92%67%88%96%100%76%100%100%12%4%32%0%12%12%52%52%0%0%0%40%60%72%56%28%0%0%96%28%28%0%0%0%59%32%

-21.5%-9.7%-27.8%-28.5%-8.1%-25.2%-11.8%-6.8%-10.4%-26.1%-16.9%-13.6%-7.6%-30.1%-15.8%-9.4%-11.5%-20.2%-24.7%-14.3%-29.3%-20.9%-19.7%-12.4%-9.5%-18.5%-11.2%6.8%23.6%-17.2%-10.4%-19.1%-27.8%-12.9%-12.6%10.2%-35.3%-15.9%-8.2%-9.3%-10.4%13.4%24.8%15.7%8.4%166.7%134.2%8.0%11.1%-60.9%2.1%-19.6%-36.5%-16.8%-31.0%-24.1%5.8%-33.3%-18.3%-65.8%-17.6%-6.8%-2.5%-7.6%-12.3%-16.3%-5.5%-8.1%-21.9%-23.1%-44.3%-44.0%-35.5%-4.3%-0.3%

-16.3%-10.7%-39.0%-27.3%-12.1%-23.0%-8.8%-10.9%-4.9%-22.7%-13.3%-15.1%-8.4%-23.8%-9.3%-8.0%-12.6%-28.4%-30.2%-5.6%-0.6%-1.3%-30.8%-15.8%-17.8%-12.9%-9.5%-14.5%-8.6%4.3%37.6%-15.7%-9.5%-19.2%-30.7%-12.4%-14.2%10.4%-32.1%-20.9%-11.3%-17.6%-17.7%14.9%31.8%8.3%2.8%87.0%5.6%4.7%-62.9%18.4%-28.8%-33.8%-19.0%-28.1%-22.2%34.5%-31.0%-12.4%-59.6%-22.2%-8.2%-7.3%-9.5%-12.6%-16.3%-5.1%-9.8%-25.7%-23.4%-40.4%-39.3%-31.6%4.3%2.3%

-11.0% -10.3% 0.5% -4.4% -9.2%-35.1% -27.7% -28.5% -30.2% -9.5% -20.5% -20.2% -19.8% -3.1% -3.9% -4.1%-8.8% -11.7% -1.1% -7.4% -1.5%-11.9% -16.7% -13.2% -9.6% -4.6%-18.8% -27.8% -11.2% -10.6% -14.1% -14.1% -4.7% -3.5% -6.9%-6.7% -10.8% -6.8%-18.3% -1.2% 5.4%-29.2% -20.6% -28.5% -19.4% -3.2% -3.8% -4.2%-0.6% -1.1% -1.0%8.8% 1.1% 2.7%-24.8% -28.3% -22.8% -22.8% -19.5% -23.3% -10.4% -12.8% -10.6% -11.6% -9.3%-9.3% -5.8% -3.5%-7.6% -7.4% -6.7%19.4% 8.5% 7.0%43.1% 45.2% 42.9%-12.0% -13.6% -12.0% -14.4% -21.8% -23.6% -29.1% -38.3% -3.4% -9.1% -16.7% -12.0% 17.8% -1.4% -4.4%-30.2% -21.1% -13.3% -13.5% -12.1% -12.7% -20.6% -11.6% 2.9%-19.4% -14.8% -1.6%15.7% 11.6% 10.6%32.6% 31.3% 28.9%7.5% 2.3% 1.2%3.0% -2.8% -2.5%120.9% 101.1% 99.3%60.4% 58.3% 63.4%5.3% 4.2% 4.9%5.1% 2.9% 4.1%-72.2% -77.9% 18.4% 20.0% 25.6%-28.8% -28.8% -29.5% -15.3% -4.2%-19.0% -19.0% -31.0% -33.0% -29.5% -29.6% 35.6% 35.6% 47.9%-24.5% -28.3% -17.9% -14.2% -6.3%-63.3% -53.2% -22.2% -24.3% -7.5% -10.6% -6.8% -9.1% -9.2% -11.8% -13.1% -13.4% -16.3% -16.3% -3.8% -3.4% -3.9%-7.6% -10.6% -26.3% -30.2% -26.3% -26.1% -33.8% -36.4% -37.2% -31.4% -27.9% -22.0% 7.1% 9.1% 8.4%3.5% 5.7% 9.9%

-12.9%-6.8%-33.8%-36.3%-19.5%-14.5%-3.3%-14.9%8.0%-15.1%3.6%-18.2%-12.8%-25.5%-12.5%-13.5%-4.7%-23.0%-21.6%-4.5%-0.7%-2.4%-35.8%-19.3%-16.0%-16.9%-7.0%-9.0%-7.4%7.0%20.6%-15.2%-10.9%-21.4%-40.6%-11.8%-19.0%-3.9%-9.9%-34.6%-22.4%-19.7%-20.5%6.4%26.0%2.8%-1.8%144.4%117.6%3.9%3.3%-28.6%16.4%-26.9%7.7%-15.9%-11.8%-17.9%58.9%-26.4%170.6%-8.2%-12.5%-17.0%-15.3%-16.5%-14.9%-15.4%-3.0%-14.0%-28.9%-25.7%-23.0%-23.1%-2.4%5.8%10.6%30.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%天然橡膠順丁橡膠順丁橡膠丁苯橡膠丁苯橡膠2.0%0.0%2.0%0.0%-2.0%-4.0%-6.0%-8.0%-10.0%-12.0%轎車(chē)輪胎經(jīng)銷(xiāo)商價(jià)格指數(shù)卡客車(chē)輪胎經(jīng)銷(xiāo)商價(jià)格指數(shù)轎車(chē)輪胎經(jīng)銷(xiāo)商價(jià)格指數(shù)卡客車(chē)輪胎經(jīng)銷(xiāo)商價(jià)格指數(shù)60.0%50.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%瀝青瀝青丙酮丙酮苯酚苯酚

20.0%10.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%丙烯酸丙烯酸丙烯酸丁酯丙烯酸丁酯40.0%30.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%甲醇甲醇醋酸醋酸醋酸乙酯醋酸乙酯40.0%30.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%正丁醇正丁醇丙烯腈丙烯腈丁酮丁酮

聚乙烯聚乙烯丙烯丙烯丁二烯丁二烯60.0%50.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%-50.0%純苯純苯甲苯甲苯苯乙烯苯乙烯20.0%15.0%20.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%乙二醇乙二醇環(huán)氧丙烷環(huán)氧丙烷

】石油化工和煤化工價(jià)格窄幅震蕩，同比改善的品種數(shù)量增加】石油化工和煤化工價(jià)格窄幅震蕩，同比改善的品種數(shù)量增加中國(guó)化工產(chǎn)品價(jià)格指數(shù)(CCPI)中國(guó)化工產(chǎn)品價(jià)格指數(shù)(CCPI)行業(yè)比較】國(guó)內(nèi)化工品價(jià)格同比降幅保持低位行業(yè)比較】國(guó)內(nèi)化工品價(jià)格同比降幅保持低位15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%第18頁(yè)共22硫磺硫磺硫酸硫酸

-40.0%-40.0%尿素尿素液氨液氨合成氨合成氨

20.0%10.0%0.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%-50.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%純堿純堿4年同期電石電石聚氯乙烯(PVC)聚氯乙烯(PVC)

2023-102023-122024-02LDPE(薄膜LDPE(薄膜)2024-062024-082024-102024-12甲醛2025-02甲醛2025-042025-062025-082025-1050.0%40.0%30.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%含氯復(fù)合肥含氯復(fù)合肥含硫復(fù)合肥含硫復(fù)合肥15.0%10.0%15.0%10.0%5.0%0.0%-5.0%-10.0%-15.0%-20.0%-25.0%-30.0%

磷酸一銨磷酸一銨磷酸二銨磷酸二銨

氫氟酸40.0%30.0%20.0%10.0%0.0%-10.0%氫氟酸40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%二氯甲烷二氯甲烷三氯甲烷三氯甲烷

2023-10環(huán)氧樹(shù)脂2023-12環(huán)氧樹(shù)脂2024-022024-04環(huán)氧氯丙烷2024-06環(huán)氧氯丙烷2024-082024-102024-12不飽和樹(shù)脂(191#)不飽和樹(shù)脂(191#)2025-042025-062025-082025-10硫酸鉀硫酸鉀氯化鉀氯化鉀

50.0%40.0%30.0%20.0%50.0%40.0%30.0%20.0%10.0%0.0%-10.0%-20.0%-30.0%-40.0%鈦白粉鈦白粉鈦精礦(TiO2≥46%)鈦精礦(TiO2≥46%)

2023