Factory gate prices fall in March

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By Wang Xu (chinadaily.com.cn)
Updated: 2009-03-16 19:21

The factory-gate price of industrial products continued to decline in March, according to the National Bureau of Statistics (NBS).

Among the eight categories of industrial products monitored, six reported price declines from February 20. Iron ore led the drop, down 15.3 percent. Pitch price also slid 13 percent. In contrast, crude oil rose 20.7 percent and copper 7.3 percent.

The NBS surveyed 313 enterprises in 20 provinces and municipalities to collect the data.

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