Commerce Department- non-ferrous metal prices fell 1.8% last week

Commerce Department: non-ferrous metal prices fell 1.8% last week

Commerce Department: non-ferrous metal prices fell 1.8% last week

last week (May 14 to 20), the Commerce Department focused on monitoring the production price is five weeks in a row down.

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major means of production, rubber, nonferrous metals, minerals, energy, steel, chemical products, building materials, agricultural, light industry raw material prices have dropped. Rubber prices decreased by 3.1%, butadiene rubber, nitrile rubber, styrene-butadiene rubber prices were down 4.7%, 2.mold in books.9% and 2.8%, reduce the cost of chemical raw materials, rubber prices for six weeks to fall 7.9%, the cumulative decline in early April. Non-ferrous metal prices fell 1.8%, # 1 copper, 1 tin, 1 # nickel prices were down 3.6%, 3.1% and 3%. Mineral prices fell 0.8 percent, copper, zinc, iron ore prices fell 2.5%, 1.2% and 0.9% respectively. Energy prices fell 0.7%, crude oil prices fell 1.3 percent, is down 7.7% in five weeks; coal prices fell 0.7 percent; and coke prices were flat. Steel prices fell 0.4%, 3mm hot rolled ordinary sheet, 桅12mm rebar, 桅6.5mm high-speed wire rod prices were down 0.5%, 0.4% and 0.industrial valves.4%, steel production capacity to release downstream of weaker demand, steel prices for five weeks a slight down, the cumulative decrease of 1.6%. Chemical products prices fell 0.2%, including methanol, polypropylene, PVC prices fell by 1%, 0.5% and 0.4% respectively. Building materials prices fell 0.2 percent, cement prices fell by 0.3% and 0.9%, the cumulative decline in mid-April. Agricultural prices fell 0.1%, fertilizer prices fell 0.2%, seeds, pesticides, plastic films and other products remained stable.


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