Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (6274)	5/13/2004 9:22:34 AM
From: mishedlo	Read Replies (2) of 116555

China Commodity Price Hikes Moderating BEIJING, May 13 Asia Pulse - Enterprise commodity prices in China rose 0.7 per cent month on month and 9.3 per cent year on year in April, according to the People's Bank of China. By category, prices of capital goods picked up 0.7 per cent month on month and 9.5 per cent year on year, while prices of consumer goods rose 0.8 per cent month on month and 8.8 per cent year on year. The central bank said that this means the price hikes have begun to moderate. In a breakdown, the price of farm produce rose 1.7 per cent month on month and 17 per cent year on year in April, of which grain price hiked 2.8 per cent month on month and 31.5 per cent year on year; oil-bearing crop price rose 0.9 per cent month on month and 15.6 per cent year on year; cotton price declined 1.9 per cent month on month but went up 28.8 per cent year on year; vegetable price went down 10.1 per cent month on month and 20.2 per cent year on year. The price of coal in April surged 5.5 per cent month on month and 33 per cent year on year; that of coke rose 4.2 per cent month on month and 36.9 per cent year on year; that of crude oil rose 3.1 per cent month on month but dropped 3.8 per cent month on month. Nonferrous metallic product price was 1.9 per cent higher month on month and 34.8 per cent higher year on year in April, while ferrous metal prices was 1.8 per cent lower month on month though still 37.1 per cent higher month on month. The price of transport equipment fell 0.2 per cent month on month and 4.2 per cent year on year. The price of durable consumer goods dipped 0.2 per cent month on month and 1.6 per cent year on year. sg.biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next