Raw Materials reduced in import prices

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Category: Ningbo Business

Published: Tuesday, 21 February 2012 10:04

It is learned from Hangzhou Customs on Feb. 14th that the prices of raw materials, which account for 60% of all the imported commodities of foreign trade enterprises in Zhejiang, have fallen. The latest statistics show that during January 2012, the value of major imported raw materials reached $3.83 billion, covering 59.8% of the total import value. They include iron-ore, primarily shaped plastics, unwrought copper, copper materials, scrap metal, xylene and etc. Of all the 20 major commodities, 9 have reduced in average import price, by a maximum of 33.2%, which resulted in the decrease of the total import price. (From Xinhua News Agency)