Domestic energy prices overall rises

Saturday, May 24, 2008 in Mining Mine News

(from May 12th to 18th) the international producer goods forward price overall rises, this influence, the domestic energy price entire line rises. The department of commercial affairs key monitor's producer goods market price overall level compares the preceding week to rise 1.2%.  

Energy prices overall rose

Monitoring in the Ministry of Commerce of the 112 kinds of major products, prices ring up the week with 55, accounting for 49.1 percent; prices were flat in 41 species, accounting for 36.6 percent; prices are 16 kinds, accounting for 14.3 percent.
 
  
From the largest category, energy products, mineral products, ferrous metals, agricultural materials, chemical products, rubber (23930,45.00,0.19%, bar) products, light industrial raw materials, building materials prices rising, non-ferrous metal prices continue to drop. From specific varieties, steam coal, coal, fuel oil # 20 (4890,20.00,0.41% point) price Zhangfujuqian, respectively over the previous week rose 9.8%, 9.5% and 7.3% 1 # nickel, zinc, Lead # 1 top price decreases, respectively, compared to the prior week fell by 9.8%, 8.4% and 5.2%.

Last week in prices of energy products rose 2.9 percent the previous week. Among them, oil, coal, natural gas prices compared to the prior week rose 3.1%, 2.9% and 1.3%. Sub-species, steam coal, coal, fuel oil prices Zhangfujuqian # 20, respectively, compared to the prior week rose 9.8%, 9.5% and 7.3%.
 
Non-ferrous metals continue to fall

Last week non-ferrous metal prices fell 2.5 percent the previous week. Focus on monitoring the variety of non-ferrous metals, nickel # 1, # 1 lead, 1 # copper, zinc prices # 1 (17885, -285.00, -1.57%, bar) grid respectively over the previous week fell by 9.8%, 5.2%, 4.0% And 1.3%, 1 # tin prices flat with the previous week, A00 aluminium prices rose 0.2 percent the previous week.

Domestic spot and futures prices (62740, -230.00, -0.37%, bar) both fell shocks. On the one hand, domestic demand for copper remains in the doldrums. According to customs statistics, in April China's refined copper and copper alloy imports of 148,060 tons, representing a 3.1 percent decline in March. Reduce the volume of imports that domestic copper spot Xuqiubuwang. At the same time, the increase in copper inventories also convey to the market demand weak signal. May, the Shanghai Futures Exchange copper inventories have increased to 51,500 tons, representing the end of April rose 10.8 percent. As the market still wait-and-see mood Jiaonong, thin market transactions, supply more relaxed, the Commerce Department is expected this week prices are still down space.
 
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    1.charles 7/10/2008 3:38:26 PM Reply this comment
    can china mamufactuer equipments to reduces hi energy to reduce hi electrical energy cost.

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