Yesterday, the Henan Provincial Department of Commerce released monitoring data showing that in the first half of October, the province's important production materials market continued to be weak, and prices fell more and less. Of the 58 commodities monitored, 43 fell, accounting for 74%; 13 were up, and both were flat. The data shows that in the first half of October, the wholesale and retail prices of refined oil products in the province fell by 2.54% and 2.86% respectively compared with the second half of September. Steel prices fell by 1.59% and are expected to face further downward pressure in the short term. The price of non-ferrous metals fell by 11.9% in two months, and it is expected that there will be a possibility of further volatility in the later period. Relatively speaking, coal demand has entered the peak season, and prices have risen steadily.
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