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美国1月ISM制造业采购经理人指数升至52.6，而预期为48.5。美国1月ISM制造业采购经理人指数升至52.6，而预期为48.5

US ISM Manufacturing PMI improves to 52.6 in January vs. 48.5 expected.US ISM Manufacturing PMI improves to 52.6 in January vs. 48.5 expected

美国ISM制造业跃升至52.6，恢复扩张，增长信号增强。1月份，美国ISM制造业采购经理人指数从47.9大幅跃升至52.6，远高于48.3的预期，标志着自2025年2月以来首次恢复扩张。反弹的规模表明工厂势头明显改善，而不是边际稳定。

US ISM manufacturing jumps to 52.6, back into expansion, growth signal strengthens.US ISM Manufacturing PMI jumped sharply from 47.9 to 52.6 in January, far above expectations of 48.3 and marking the first return to expansion since February 2025. The scale of the rebound points to a clear improvement in factory momentum rather than a marginal stabilization.

1月份，美国ISM制造业价格比预期（60.5）低59点。1月份，美国ISM制造业价格比预期（60.5）低59点

United States ISM Manufacturing Prices Paid came in at 59 below forecasts (60.5) in January.United States ISM Manufacturing Prices Paid came in at 59 below forecasts (60.5) in January

天然气价格分析——天然气仍在寻找底价。在过去几周的市场动荡之后，天然气继续寻找底部。记住要密切关注美国的天气模式。

Natural Gas Price Analysis – Natural Gas Still Looking for Floor.Natural gas continues to look for its floor after the wild past few weeks in the markets. Remember to pay close attention to the weather patterns in the USA.