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Price Rise of Mineral Products Pushes Building Material Price to be Higher
- China Aluminium Network
- Post Time: 2007/10/20
- Click Amount: 626
According to news by Commerce Ministry Website, the market price of domestic raw materials rises 1.1% compared with last week. Among 112 primary products, 58 species totaling 51.8% have reported price rise more or less, 42 species totaling 37.5% almost remain at the same price level, and 12 species totaling 10.7% have reported price decline. Carbinol price rises the highest by 11.86%, while 1# nickel price drops the lowest by 3.93%.
Last week, price of energy products rose 1.02%. Natural gas, coal and petroleum rose respectively by 1.93%、1.47% and 0.29%. Nonferrous metal price dropped 0.71%, while 1#lead price rose greatly by 7.42%. Since Middle September, 1# lead price is rising to the highest in the history, and it is expected to continue the rise trend.
Aluminum price continues to be dropping. Last week, spot price of A00 aluminum ingot dropped slightly by 1.4%. Due to large quantities of stock in the market, currently aluminum price is expected to be dropping slightly.
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