China Wood and wood products Circulation Association Wood the Professional Committee of doors and windows released: in August 2020, China's Wooden Door Market prosperity Index WDMCI(Wooden Door Market Climate Index) was 100.3 (see figure), up 1.4 percent from the previous month and down 0.4 percent from the previous year. This month, the index showed an upward trend, returning to the boom zone. The market boom has basically recovered to the pre-epidemic level. It is expected that WDMCI will continue to maintain a steady growth trend in the future.
(Image Source: China wooden doors and windows Association-public number, invasion and deletion)
specifically, from the perspective of various sub-indexes, the market demand keeps increasing, and the new order index and production index continue to rise, increasing by 0.6% and 0.5% respectively. Employment Trend rose steadily, and the employee index rose 0.2% from last month. The order delivery index was not affected by external factors this month, up 0.1 percent from the previous month. Raw material inventory and purchase price indicators are basically the same as last month. The market price of wooden door remained stable this month.
(Photo source: China wood doors and windows Association-public number, invasion and deletion)
according to the statistics released by the National Bureau of Statistics on the sales price of commercial housing in 70 large and medium-sized cities in August, the real estate market is generally stable and the price rises slightly. According to preliminary estimates, the sales price of newly-built commercial residential buildings in four first-tier cities rose 0.6 percent from the previous month, an increase of 0.1 percent age points over the previous month. The sales price of second-hand residential buildings rose by 1.0 percent from the previous month, an increase of 0.3 percent age points over the previous month. The sales price of newly-built commercial residential buildings in 31 second-tier cities rose 0.6 percent from the previous month, an increase of 0.1 percent age points over the previous month; The sales price of second-hand residential buildings rose 0.4 percent from the previous month, and the increase dropped 0.1 percent age points over the previous month. The sales prices of newly-built commercial houses and second-hand houses in 35 third-tier cities increased by 1.0 percent and 0.6 percent respectively, which increased by 0.2 percent age points and 0.1 percent age points respectively compared with last month.
The purchasing managers index (PMI) of China's manufacturing industry released by the service industry survey center of the National Bureau of Statistics and the China Federation of Logistics and Purchasing in August was 51%, slightly down 0.1 percent age points from last month, it has been running at more than 50% for 6 consecutive months. The economy has maintained a steady recovery and high-quality development has a foundation.
In previous years, August was the off-season of traditional sales. However, with the approaching of "Golden nine silver ten", home furnishing stores and enterprises have made full preparations for various promotional activities. August has gradually become the warm-up month of the peak sales season. Under the normalization of epidemic prevention and control, the market demand suppressed in the early stage continued to release, and the terminal promotion intensity plus-sized, weakening the off-season effect. The epidemic has made consumers re-examine the living environment, stimulated higher demand, and accelerated the speed of industry integration. Currently, there are many uncertain factors in the unstable external environment. It is suggested that enterprises focus on domestic conditions, take meeting domestic demand as the starting point and foothold of development, actively adapt to the new situation and new changes, grasp opportunities and innovate development.
Note:
china Wood Door Market Climate Index (WDMCI) is short for WDMCI, which is initiated by the wood doors and windows Professional Committee of China wood and wood products Circulation Association and jointly compiled by local Door and window associations (merchants) across the country. Through "China wood and wood products", China Building Materials newspaper, Sohu Focus home, housing world, Tencent home, Sina home, NetEase home, China wooden door network, China wooden door Network, Huiya media, home doors and windows report, doors and windows world, China wood doors and windows Association WeChat platform (micro signal: zgmmcxh) and other channels for authoritative release.
WDMCI can accurately judge the market trend of wooden door and the impact of the overall economic environment on the market. Periodic release can also guide enterprises to adjust their business activities in time to meet market demand, it is a barometer reflecting the degree of market prosperity and has far-reaching practical significance for industry standardization and sustainable development.
WDMCI data collection and release is a monthly work. Data collection will be distributed to data collection enterprises in the form of non-quantitative questionnaires, the enterprise submits a questionnaire to the wood doors and windows professional committee 3 days before the end of each month in the unit of natural month, and writes the current WDMCI report after data analysis.
(Article Source: China wood doors and windows Association-public number, invasion and deletion)
