高频｜地产销售继续走弱，商品价格低位反弹
请阅读最后一页的重要声明！分析师孙彬彬SAC证书编号：S0160525020001sunbb@ctsec.com分析师隋修平SAC证书编号：S0160525020003suixp@ctsec.com联系人许帆xufan@ctsec.com相关报告1.《利率｜时隔两个半月后的再度“提前公告”》2025-06-062.《信用|化债之下，城投付息压力有多大？》2025-06-053.《利率|关税下调后，5月数据回升多少？》2025-06-03 核心观点性。 谨请参阅尾页重要声明及财通证券股票和行业评级标准1地产销售：端午假期扰动，地产销售全面走弱...................................................................................42投资：商品价格整体回升.......................................................................................................................73生产：开工率表现分化...........................................................................................................................84消费：出行维持偏强.............................................................................................................................105出口：SCFI上行、BDI上行..............................................................................................................116物价：蔬菜价格小幅上行，油价上行.................................................................................................127风险提示.................................................................................................................................................13图1.全国及典型城市周度商品房成交面积跟踪.........................................................................................4图2.20城新房成交面积................................................................................................................................4图3.一线城市新房成交面积（4城）..........................................................................................................4图4.二线城市新房成交面积（8城）..........................................................................................................4图5.三四线城市新房成交面积（8城）......................................................................................................4图6.典型城市周度商品房成交面积跟踪.....................................................................................................5图7.北京新房成交面积.................................................................................................................................5图8.上海新房成交面积.................................................................................................................................5图9.广州新房成交面积.................................................................................................................................5图10.深圳新房成交面积...............................................................................................................................5图11.杭州新房成交面积...............................................................................................................................6图12.苏州新房成交面积...............................................................................................................................6图13.典型城市周度二手房成交面积跟踪...................................................................................................6图14.北京二手房成交面积...........................................................................................................................6图15.上海二手房成交面积...........................................................................................................................6图16.深圳二手房成交面积...........................................................................................................................7图17.杭州二手房成交面积...........................................................................................................................7图18.螺纹钢表观消费量下行.......................................................................................................................7图19.螺纹钢价格回升...................................................................................................................................7图20.库存:螺纹钢(含上海全部仓库)低于季节性.....................................................................................8内容目录图表目录 2 谨请参阅尾页重要声明及财通证券股票和行业评级标准3图21.玻璃期货合约结算价先跌后涨...........................................................................................................8图22.水泥价格指数先下后上.......................................................................................................................8图23.沥青价格指数回升...............................................................................................................................8图24.石油沥青开工率上行...........................................................................................................................9图25.钢厂高炉开工率小幅下行...................................................................................................................9图26.汽车轮胎开工率下行...........................................................................................................................9图27.焦化企业开工率下行...........................................................................................................................9图28.涤纶长丝开工率上行.........................................................................................................................10图29.PTA开工率上行............................................................................
