SP月报：上下游数据现企稳，通胀有望刺激浆价

第一部分前言概要...........................................................................................4第二部分总览与说明........................................................................................5第三部分宏观供应...........................................................................................6 ➢厄尔尼诺.................................................................错误!未定义书签。➢南方涛动.................................................................错误!未定义书签。 第四部分微观供应|木材端................................................................................7 二、海外数据.................................................................................................7 ➢美国CME木材期货...........................................................................7➢加拿大林业产品价格..........................................................................8➢俄罗斯木材业....................................................................................9➢马来西亚木材业...............................................................................11 三、国内数据...............................................................................................12 ➢锯材进口金额..................................................................................12➢非针木片进口重量...........................................................................13➢木片进口价格指数....................................................错误!未定义书签。 ➢交割利润：人民币针叶浆基差季节性.................................................15➢交割利润：美元针叶浆（银星）基差季节性.......................................16➢期货市场持仓..................................................................................17➢跨品种价差：非标基差&加工利润....................................................17 加拿大交通运输...............................................................................21 第1页共95页 SP月报 ➢欧洲纸浆库存&消费.........................................................................23➢日本纸浆........................................................................................25 八、国内数据...............................................................................................28 ➢纸浆进口........................................................................................28➢纸浆库存........................................................................................29➢沿海货物吞吐总量...........................................................................31➢进出口总额.....................................................................................32 第六部分微观消费|造纸端..............................................................................33 九、海外数据...............................................................................................33 ➢美国造纸业.....................................................................................33➢日本、韩国、巴西三国纸制品出口.....................................................39➢韩国造纸业.....................................................................................41➢欧盟书报文具HICP.........................................................................43➢泰国造纸业.....................................................................................44 十、国内数据...............................................................................................46 ➢台湾省造纸业..................................................................................46➢机制纸及纸板产量...........................................................................52➢造纸业经营情况...............................................................................54 第七部分宏观消费.........................................................................................67 十一、全球数据.....................................................................................67➢多国官方储备资产...........................................................................67➢综合领先指标..................................................................................69➢制造业PMI.....................................................................................70➢权益市场........................................................................................72➢商业信心指数..................................................................................73➢全球经济政策不确定性指数...............................................................75十二、海外数据.....................................................................................76➢欧洲经济景气指数...........................................................................77➢美国制造业产能利用率.....................................................................76➢日本景气动向指标....................................................错误!未定义书签。十三、国内数据.....................................................................................78 第2页共95页 SP月报 ➢克强指数........................................................................................78第八部分宏观信用.........................................................................................79十四、海外数据.....................................................................................79➢美国...............................................................................................79十五、国内