Chemical raw material prices fell 5% year-on-year in June

china Paint Network
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National Bureau of Statistics released data on July 9, 2015, the country's industrial production factory prices fell 0.4% month-on-month, down 4.8% year-on-year. Purchase prices of industrial performers fell 0.2% month-on-month and 5.6% year-on-year. In the first half of the year, factory prices of industrial performers fell by 4.6% year-on-year, while purchase prices of industrial workers fell by 5.5% year-on-year. 1. Changes in the prices of industrial producers In the factory prices of industrial producers, the prices of means of production decreased by 6.2% yoY, affecting the overall level of factory prices of industrial producers nationwide by about 4.7 percentage points. Among them, the prices of extractive industries decreased by 18.5 per cent, 8.5 per cent in raw materials and 4.1 per cent in processing industries. The price of living materials decreased by 0.2% year-on-year, affecting the overall level of factory prices of industrial manufacturers nationwide by about 0.1 percentage points. Among them, food prices rose by 0.1 per cent, clothing prices rose by 0.5 per cent, general commodity prices fell by 0.7 per cent and consumer durables prices fell by 0.6 per cent. It is estimated that in June - 4.8% of the country's industrial workers factory prices fell year-on-year, last year's price changes of the tail-end factor of about -2.2 percentage points, the new price increase factor of about -2.6 percentage points. Among the purchase prices of industrialists, the prices of ferrous materials decreased by 11.2% YoY, the prices of fuel power fell by 10.6%, the prices of non-ferrous metals and wires decreased by 5.3%, and the prices of chemical raw materials decreased by 5.0%. 2. Among the factory prices of industrial producers, the prices of means of production decreased by 0.6% month-on-month, affecting the overall level of factory prices of industrial producers nationwide by about 0.4 percentage points. Among them, the prices of extractive industries decreased by 0.1 per cent, the prices of raw materials industries by 0.9 per cent and among processing industries by 0.5 per cent. The price of living materials was flat month-on-month (up or down by 0, same as between 2). Among them, the prices of food, clothing and consumer durables were flat, while the prices of general commodities fell by 0.2%. Among the purchase prices of industrial industrialists, the prices of non-ferrous metal materials and wires decreased by 1.4% month-on-month, the prices of ferrous materials decreased by 0.8%, and the prices of chemical raw materials decreased by 0.1%; Fuel power and agricultural and by-products prices rose 0.2 per cent, while textile raw materials rose 0.1 per cent. According to the National Bureau of Statistics, factory prices for industrial workers fell 0.4% month-on-month in June, an increase of 0.3 percentage points from the previous month. One of the main reasons is that prices in some industrial sectors have changed from rising to falling, with prices for petroleum processing, chemical raw materials and chemicals manufacturing, non-ferrous metal smelting and delay processing falling by 0.2%, 0.2% and 1.8% respectively this month, from the month-on-month increase in the previous month; Second, the price of ferrous metal smelting and extension processing decreased by 2.1% month-on-month, an increase of 0.7 percentage points over the previous month. Factory prices for industrial performers fell 4.8% year-on-year in June, up 0.2 percentage points from the previous month. By industry, oil and gas extraction, oil processing, ferrous metal smelting and extension processing, coal mining and washing plant prices decreased by 32.4%, 18.8%, 16.7% and 15.4% year-on-year, respectively, affecting the total factory prices of industrial producers this month by about 3.0 percentage points year-on-year.