Last week (June 25 to July 1) The price of production materials monitored by the Ministry of Commerce fell for the eleventh consecutive week.

In the main production materials, the prices of non-ferrous metals, agricultural materials, energy, building materials, steel, and light industrial raw materials fell. The prices of rubber, chemical products, and mineral products rose slightly.

The price of non-ferrous metals fell by 0.9%, with prices of 1# zinc, 1# copper, A00 aluminum and 1# nickel falling by 1.5%, 1%, 0.7% and 0.7% respectively.

The price of minerals rose by 1.3%, of which the price of iron ore rose by 1.8% and rose by 2.8% in two weeks.

Energy prices fell by 0.7%, crude oil prices fell by 2.3%, fell for the eleventh week in a row, and dropped by 20.8%; coke prices fell by 1.1%; raw coal prices remained flat.

The price of steel fell by 0.3%. Summer high temperature and rainy weather affected the construction of the project. The demand weakened and the steel price dropped slightly. The price of 3mm hot-rolled ordinary sheet, 14# I-beam and Φ16mm ordinary round steel fell 0.5%, 0.3% and 0.3% respectively.