November 15, the National Bureau of Statistics released in early November prices of major industrial enterprises in some key changes. Data show that in early November, China's major industrial producer prices are rising to different extents, in addition to chemical products remained outside the rally, crude oil products, there have been upward trends. Data show that in early November, China was 3690.8 yuan natural crude oil prices / ton, higher than in late October 231.7 yuan, or 6.7%. Earlier, According to the National Bureau of Statistics released the key enterprises of the main industrial producer prices shows that in October of natural crude oil prices in China rose to 0. By the natural rise of the prices in early November, oil prices also rose, which, within 10 days of petrol, diesel prices rose 3.4%.
Crude oil prices is not limited to China, after a period of adjustment, by the International Energy Agency is expected to increase demand for crude oil and other factors, since October, New York and London, the international oil market strengthened further, especially by the end of October Since crude oil prices rose significantly. According to the New York Mercantile Exchange data show that since October 30 has exceeded 5% of WTI crude oil prices.
In addition, the data show that, in addition to products from crude oil prices rose, the other in early November are a variety of industrial producer prices rise to different extents, in which chemical products in late October remained rapid gains momentum, a variety of chemical products including sulfuric acid , caustic soda, rose more than 10 days, 10%, vinyl products also rose more than 6%. Cement, within 10 days of non-ferrous metals rose too high, some products rose over 6%. Steel, coal, iron ore and other industrial products, the overall increase is small, however some products such as steel rose still higher.
November 11, the National Bureau of Statistics released in October the main indicators of economic data, industrial producer prices rose in October show has been expanded, industrial producer prices rose 5.0%, or more than 0.7 percentage point increase in September, while raw materials , fuel and power prices rose 8.1%, or more than 1.0 percentage point increase in September. According to some brokers research report, November PPI in China will continue to maintain upward trend, while the crude oil, raw materials, fuel, power and other prices will remain is to promote the November producer price rise major driving force. (Visit Winter)