On Monday, real estate data continued to be sluggish, which had a strong negative impact on demand expectations. As of the close, the main PVC contract fell by more than 2%. Last week, the US CPI data in July was lower than expected, which increased investors’ risk appetite. At the same time, the demand for gold, nine silver and ten peak seasons was expected to improve, which provided support for prices. However, the market has doubts about the recovery stability of the demand side. The increase brought by the recovery of domestic demand in the medium and long term may not be able to offset the increase brought by the recovery of supply and the decrease in demand brought by external demand under the pressure of recession. Later, it may lead to a rebound in commodity prices, and wi...