Chemical raw materials prices fell 6.3% in February

According to the data released by the National Bureau of Statistics on March 10, in February 2015, the factory prices of industrial producers nationwide fell by 4.8% year-on-year, a decrease of 0.7% from the previous month. The purchase price of industrial producers fell by 5.9% year-on-year, a decrease of 1.0% from the previous period. For the January-February average, the ex-factory price of industrial producers fell by 4.6% year-on-year, and the purchase price of industrial producers decreased by 5.5% year-on-year.

I. The year-on-year change in prices of industrial producers

Among the ex-factory prices of industrial producers, the price of production materials fell by 6.2% year-on-year, which affected the total level of ex-factory prices of industrial producers in the country by about 4.8 percentage points. Among them, the price of mining industry fell by 20.1%, the price of raw material industry decreased by 9.2%, and the price of processing industry decreased by 3.5%. The price of living materials fell by 0.1% year-on-year. Among them, food prices fell 0.1%, clothing prices rose 0.8%, general commodity prices fell 0.2%, durable consumer goods prices fell 0.6%.

According to calculations, in the -4.8% year-on-year drop in the total level of ex-factory prices of industrial producers in February, the tailgate factor for price changes last year was about -3.0%, and the new price increase factor was -1.8%.

Among the purchase prices of industrial producers, the price of fuel-powered vehicles fell by 12.0% year-on-year, that of ferrous metal materials decreased by 10.1%, that of chemical raw materials decreased by 6.3%, and that of non-ferrous metal materials and wires decreased by 5.7%.

Second, the industrial producer price chain changes

In the ex-factory prices of industrial producers, the price of means of production fell by 1.0% in a month-on-month, affecting the total level of ex-factory prices of industrial producers across the country by about 0.7 percentage points. Among them, the price of mining industry fell by 4.1%, the price of raw material industry decreased by 1.2%, and the price of processing industry decreased by 0.6%. The price of living materials remained flat (the increase or decrease was 0, the same below). Among them, prices of food, clothing, general daily necessities, and durable consumer goods remained flat.

In the purchase prices of industrial producers, the price of fuel and power fell by 2.5%, the price of non-ferrous metal materials and wires dropped by 1.5%, the price of ferrous metal materials decreased by 1.1%, the price of chemical raw materials fell by 1.0%, and the price of wood and pulp Flat.