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Location: Data Center > Finance News > Content
 
Ex-factory Price of National Industrial Products in This October Continued to Rise.

http://data.acmr.com.cn  2004/11/11  National Bureau of Statistics


   

    In this October, influenced by the continuous rise of the prices of the main basic materials for production such as crude oil, coal, steel products, non-ferrous metals and chemical products, the ex-factory price of industrial products rose 8.4% over last October, the purchase price of raw materials, fuel, power went up 14.2%, 0.5 percentage point higher than the rise of this September.

    Analyzed by the ratio of the price of this month to the price of last month, the ex-factory price of industrial products in this October rose 0.8% over last month; the purchase prices of raw materials, fuel and power climbed 1.2%, 0.3 percentage point lower than the rise of this September.

    Among the prices of all the industrial products, the year-on-year rise of the means of production ascended more greatly, and the ratio of the price of this month to the price of last month rose with a declining increase. Compared with last October, the ex-factory price of means of production rose 10.9%, 0.7 percentage point higher than the rise of this September which drove the general ex-factory price of industrial products to climb by about 8 percentage points. Specifically speaking, the price of the products in the mining and quarrying industry rose 32.5%, that of raw material products went up 14.6%, that of the products in the processing industry rose 5.4%, that of living materials ascended 1.7% over last October£¬ keeping the same year-on-year rise with this September which forced the general ex-factory price of industrial products to rise by about 0.4 percentage points. And the price of foods rose 5.6%, that of clothes climbed 1.2%, that of daily-used products went up 3%, that of durable consumer goods went down 3.5%¡£

    Analyzed by the ratio of the-price-of-this-month to the-price-of-last-month, the ex-factory price of the production means went up 1.1% over last month, 0.4 percentage point lower than the rise of this September; the ex-factory price of living materials rose 0.1% over this September while down 0.1% in this September.

    First of all, the prices of crude oil and oil products rose strongly. Compared with last October, the ex-factory price of crude oil went up 41.4%, 9.6 percentage points higher than the rise of this September which drove the ex-factory price of industrial products to climb by about 1.4 percentage points. The prices of the gasoline, kerosene and diesel oil went up 21.6%, 24.9% and 27.9% respectively.

    Secondly, the price of crude oil surged up incessantly and forced the price of the related products using the crude oil as basic materials to climb. Compared with last October, regarding the ex-factory prices of synthetic materials and chemical fibre products, the price of polystyrene rose 42.7%, that of cis-1,4-polybutadiene rubber rose 20.7%, that of terylene filament went up 14.9%, higher than the rises of this September; the price of urea climbed 22.3%, that of ammonium nitrate went up 20.9%, that of ammonium peroxydisulfate rose 16.7%.

    Thirdly, the price of coal rose faster. Compared with last October, the ex-factory price of coal mining and dressing went up 22.3%, especially, the ex-factory price of coal climbed 22.2%, 1.8 percentage points higher than the rise of this September.

    Fourthly, the price of steel products stayed at the higher-rise level, and the ratio of the-price-of-this-month to the-price-of-last-month ascended. In this October, the price of steel products went up with the steady increase, the ex-factory price of the products in the smelting and pressing of ferrous metals went up 17.5%, 0.3 percentage point higher than the rise of this September. Specifically speaking, the price of ordinary large-sized steel products rose 14.5%, that of ordinary small-sized steel products went up 18.4%, slightly higher than the rise of this September; that of ordinary medium-sized steel products climbed 17.3%, that of line-shaped steel products went up 16.2%, that of medium-thickness steel board went up 22.6%, slightly lower than the rise of this September. Analyzed by the ratio of the price of this month to the price of last month, the ex-factory price of the products in the smelting and dressing of ferrous metals went up 1.4%. As to the main products, the price of ordinary large-sized steel products rose 0.5% over last month, that of ordinary small-sized steel products climbed 1.9% over last month, that of line-shaped steel products went up 0.3% over last month, that of medium-thickness steel board went up 1.2%, that of ordinary medium-sized steel plate went down 0.6%.

    Fifthly, the price of non-ferrous metals showed the increasing rise to some extent. Compared with last October, the ex-factory price of products in the smelting and pressing of non-ferrous metals went up 22.9%, 2.6 percentage points higher than the rise of this September. Especially, the ex-factory price of copper, aluminium, lead, zinc, antimony & nickel went up with the rises of between 11.9% and 42.5%, and all the rises ascended compared with this September.

    The purchase prices of the nine major products all went up. The prices of agricultural sideline products, chemical materials products, fuels as power, ferrous metal materials, non-ferrous metal materials surged up higher with the rises of 11.9%, 13.7%, 16.7%, 20.4% and 23.5% respectively. And the prices of other products climbed to different extents.

    Compared with last October, the ex-factory price of the industrial products rose 5.8% in the first ten months of this year, the purchase price of raw materials, fuels and power went up 11.1%.


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