Prices of Chemical Products Rise 11.9% YoY in February


Prices of chemical products grew 11.9% YoY in February and rose 1.9% MoM, according to data released by the National Bureau of Statistics of China on March 9.
As for Purchasing Price Index of Raw Material, Fuel and Power, prices of ferrous materials increased 2% MoM, those of chemical raw materials gained 1.6% MoM, those of nonferrous materials & electric wires were up 1.5% MoM, and those of fuel & power grew 1% MoM.