Monday, April 17, 2017

Tungsten mainstream prices stable tungsten market showed have price no deal

Into this week, China's domestic tungsten prices have slowed down in the relevant institutions and large-scale tungsten after the market, the market support prices rose a single power, only the raw materials market reluctant to sell and cheap to buy, it is difficult to support the market to obtain further Breakthrough, tungsten market overall turnover showed no market situation. In recent days, the mainstream price of tungsten goods is relatively stable, tungsten concentrate is difficult to purchase is still one of the main factors driving price increases, although the price has risen, but the actual turnover of the market is limited, choose few manufacturers shipped, the market has No market price is more obvious.
Most of the goods said that the shortage of goods, cover plate reluctant to sell the phenomenon of common, and downstream businesses for the high price will also be weak, rear tungsten iron, cemented carbide powder and other prices to follow up slowly, resulting in tungsten prices fell again into a "bottleneck" status. At present, the supply and demand sides are more cautious operation, trading enthusiasm is not high, although some holding businessmen continue to optimistic about the market outlook, that tungsten also has a certain upside, but the actual market or to be good news and the actual transaction to follow up.
According to the National Bureau of Statistics website, China National Bureau of Statistics released today in March 2017 the national consumer price index (CPI) and industrial producer price index (PPI) data show that CPI fell 0.3% qoq, up 0.9% ; PPI chain rose 0.3%, up 7.6% year on year. In this regard, the National Bureau of Statistics City Division senior statistician Raiders were read. Rope National Day, said 2017 - March CPI rose slightly over the same period, PPI gains down.
First, the consumer price chain fell, year on year increase slightly
From the chain, in March --- CPI fell 0.3%, mainly due to more food prices fell. Food prices ring - down 1.9%, affecting the CPI chain fell 0.39 percentage points. The prices of fresh vegetables, eggs, pork, poultry and fresh fruit fell by 7.9%, 4.0%, 3.5%, 2.1% and 1.2% respectively. The above five items affected the CPI by 0.37 percentage points, of which 0.21 percentage points were affected. Non-food prices rose 0.1%, affecting the CPI rose 0.08 percentage points. Among them, clothing and health care prices were up 0.6% and 0.5%, the two total impact of CPI rose 0.09 percentage points.
From the same period, the March CPI rose 0.9%, or 0.1 percentage points increase over the previous month. Non-food prices rose 2.3%, or 0.1 percentage points increase over the previous month. Among them, health care, living, education, culture and entertainment, transportation and communication prices rose 5.3%, 2.4%, 2.3% and 2.0%, respectively, the total impact of CPI rose 1.44 percentage points. Food prices fell 4.4% year on year, the decline over the previous month to expand 0.1 percentage points. Among them, fresh vegetables prices fell 27.9% year on year, affecting CPI fell 0.95 percentage points year on year.
It is estimated that in March 0.9% year on year increase, last year's price hikes of about 0.4 percentage points, the new price factor is about 0.5 percentage points. In March, the core CPI excluding food and energy rose 2.0%, roughly the same as the previous two months, to maintain a steady trend.
Second, industrial producer prices fell
From the chain, PPI rose 0.3% in March, or 0.3 percentage points lower than in February, or three consecutive months down. Among them, the means of production prices rose 0.5%, or 0.2 percentage points lower than last month; living prices rose from last month to flat this month. From the major industries, one is coal mining and washing, oil processing, oil and natural gas extraction industry prices rose from the rise, down 0.6%, 0.6% and 0.1%; Second, non-ferrous metal smelting, carbide and calendering Processing, chemical raw materials and chemical manufacturing prices were up 0.5% qoq, or more than last month fell 1.5 and 1.4 percentage points; third is the ferrous metal mining, ferrous metal smelting and rolling processing industry prices were up 4.8% 2.4%, or more than last month to expand 2.6 and 0.1 percentage points.
From the same period, in March PPI rose 7.6%, or 0.2 percentage points lower than in February, or in five consecutive months after the expansion began to fall. In the survey of 40 industrial categories of industry, 33 industry product prices rose year on year, the same as the previous month. From some key industries, the price increase year on year prices have eased. Among them, coal mining and washing industry prices rose 39.6%, or the same as last month; oil and natural gas mining industry prices rose 68.5%, or 16.8 percentage points lower than last month; ferrous metal smelting and rolling processing industry prices rose 36.8% Down 3.3 percentage points; oil processing industry prices rose 29.9%, down 0.6 percentage points; non-ferrous metal smelting and rolling processing industry prices rose 17.3%, down 2.2 percentage points; chemical raw materials and chemical manufacturing prices rose 11.5%, down 0.4 percentage point. The six industries together affect the PPI rose about 6.1 percentage points year on year, accounting for 80.3% of the total increase.
It is estimated that in March of 7.6% year on year increase, last year's price hikes of about 5.8 percentage points, the new price factor is about 1.8 percentage points.

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