According to the latest statistics released by the National Bureau of Statistics on Tuesday, the ex-factory prices of major industrial products of some key enterprises continued to rise steadily in mid-August, and iron ore played a leading role.
The price of energy remained basically stable, there was no change in the prices of anthracite and refined oil, and the price of bituminous coal rose by 1%.
Steel prices continued to rise slightly. Ordinary large steel products increased by 0.6% from the previous period. Average medium-sized steel products and ordinary small steel products rose by 0.7% from the previous period. From the variety point of view, large and medium-sized round (square) steel and rebar increase is more obvious. Iron ore prices continued to rebound rapidly. Iron ore for steelmaking and ironmaking rose 4.9% and 3.6% respectively in the current period.
The non-ferrous metal rally slowed down significantly in this period, with copper and aluminum only slightly rising by 0.1% and 0.5% respectively, while zinc prices rose by 2.8%.
In chemical products, prices of **, caustic soda, ethylene, and polyvinyl chloride resin have risen to varying degrees, except for the decline in the price of petroleum asphalt.
Cement prices have risen, up 1.1% from the previous period.