Y-o-Y prices of polyester filament falls 25% in Nov

December 10, 2008 - China

In November, ex-factory prices of industrial products rose 2.0 percent year-on-year while purchase prices of raw materials, fuel and power rose 4.7 percent. In ex-factory prices of industrial products, capital goods prices rose 2.0 percent year-on-year. Among them, mining industry rose 6.6 percent, industrial raw materials rose 0.4 percent, and processing industry rose 2.1 percent.

Ex-factory price of crude oil fell 14.7 percent year-on-year. In refined oil, ex-factory prices of petrol, diesel and kerosene were up 19.7 percent, 7.9 percent and 22.3 percent, respectively.

Prices of chemical products category, butadiene rubber dropped 9.3 percent year-on-year, polystyrene prices fell 24.1 percent and polyester filament declined 25.5 percent. Ex-factory prices of coal mining and coal washing industry rose 32.7 percent year-on-year. Ex-factory price of raw coal rose 31.6 percent.

In addition, among purchase prices of raw materials, fuel and power category, ferrous metal materials category and chemical raw materials category rose 13.2 percent, 9.0 percent and 0.4 percent year-on-year, respectively while purchase price of non-ferrous metal materials fell 18.4 percent.

From January to November, ex-factory prices of industrial products rose 7.6 percent year-on-year and purchase prices of raw materials, fuel and power rose 11.6 percent.