China’s National Bureau of Statistics said prices for 22 of 50 types of key production materials in the distribution sector rose in mid-October compared with late September. Prices fell for 25 types and remained unchanged for three.
Lithium iron phosphate recorded the steepest decline, falling 10.2%. Coking coal prices dropped 9.6% and metallurgical coke fell 9.5%. Liquefied natural gas rose 9.1%, while polypropylene increased 7.8%.
The monitoring covers nearly 2,000 wholesalers, agents and distributors operating at more than 300 trading markets across China’s 31 provincial-level regions.
