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First, the steel market price has risen sharply. Driven by infrastructure construction, steel demand has been continuously enlarged, driving the steel market prices to rise, and the weekly average price has increased by 6.2% compared with the previous week. The weekly average price of wire rods increased by 9.8% compared with the previous week; the average price of thin plate weekly increased by 3.9% compared with the previous week; the average price of medium plate weekly increased by 5.8% compared with the previous week; the average weekly price of seamless steel pipes increased by 4.7 compared with the previous week. %; the average weekly price of welded steel pipes increased by 3.0% compared with the previous week.
Second, the price of non-ferrous metals has risen sharply. Supported by the expected recovery of the global economy, the average price of non-ferrous metals rose by 5.2% last week, and all major varieties rose. Among them, copper rose 7.8%, aluminum rose 3.2%, zinc rose 5.9%, and lead rose 3.1%. Tin rose by 3.3%, nickel by 11.4%, and magnesium by 0.6%.
Third, the prices of chemical products continued to rise. The overall price of the chemical market continued to maintain a steady and rising trend. The average price last week increased by 0.9% compared with the previous week. The overall market for plastics raw materials was higher, with polyethylene up 2.4%, PVC up 1.7%, ABS resin up 1.6%, polypropylene up 1.9% and polystyrene up 0.6%. The market price of benzene was mainly stable, with toluene rising by 0.5%, xylene rising by 0.4%, styrene by 0.3%, and pure benzene by 0.5%. Natural rubber market prices continued to rise, rising 2.2% from last week and the previous week.
Fourth, refined oil prices continue to fall. With the continuous oscillating price of international crude oil, the average weekly price of refined oil products fell by 0.6% from the previous week, with diesel falling by 0.2%, gasoline falling by 1.1% and fuel oil falling by 0.2%.
From July 31st to August 6th, the market price of production materials showed an upward trend.
According to the market price monitoring survey data, the overall price of the domestic production materials market showed an upward trend last week (July 31-August 6, 2009), and the weekly average price increased by 2.1% from the previous week, compared with the average price in July. The horizontal ratio increased by 3.6%, which was 10.7% higher than the last week of last year and 16.1% lower than the average price level in August last year.