Means of production prices rise in China

  • Wednesday, August 31, 2022
  • Source:ferro-alloys.com

  • Keywords:production prices
[Fellow]Most of the capital goods monitored by the Chinese government posted higher prices in early August compared with late July this year.
 
Most of the capital goods monitored by the Chinese government posted higher prices in early August compared with late July this year, official data showed Monday.
 
Of the 50 major goods monitored by the government, which include seamless steel tubes, gasoline, coal, fertilizer and some agricultural products mainly used for processing, 27 saw their prices increase, while 20 posted lower prices, according to the National Bureau of Statistics.
 
Among the goods monitored, liquefied natural gas led the upward trend, with its price rising 6.7 percent from late July, while the price of sulfuric acid (98 percent) saw the sharpest decline of 28.2 percent.
 
The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions. Xinhua
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:kangmingfei]

Related News

·Technology Metals joins Canberra-backed R&D centre to boost vanadi...08-30
·Experts: energy conservation, carbon emission reduction key task f...08-29
·China's industrial performance continues recovery, despite margina...08-29
·China's futures, options varieties expand to 101 in tally08-29
·Peru's economy ministry trims GDP growth forecast, but bullish on ...08-26

Tell Us What You Think

please login!   login   register

  • Buy & Sell

 
Please be logged in to comment!