Commodity Intelligence (May 30, 2025)


Latest information on bulk raw materials
macro
1. The latest data from the China Light Industry Federation shows that in the first four months of this year, light industry enterprises above designated size achieved a revenue of 7.35 trillion yuan, a year-on-year increase of 4.9%; Achieved a profit of 419.06 billion yuan, a year-on-year increase of 3.8%.
2. The number of initial jobless claims in the United States surged by 14000 to 240000 last week, reaching the highest level since November 2021. The number of people applying for unemployment benefits in the previous week increased significantly by 26000 to 1.919 million, reaching the highest level since November 2021.
3. The revised annualized quarterly rate of real GDP in the first quarter of the United States is a decrease of 0.2%, with an expected decrease of 0.30%, compared to the previous value of a decrease of 0.30%.
4. The annualized quarter on quarter revised value of the core personal consumption expenditure (PCE) price index for the first quarter of the United States is 3.4%, with an expected value of 3.5% and an initial value of 3.5%.