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Grana Industry Metal Ltd.

Big increasing price about Chinese raw material

2016 11/09

From Oct , Chinese raw material including plastic products, Metal products aluminum , copper , zinc etc , mainly products come to price big increase. around 10-20%.

That cause many problems , exacerbated the market panic.Although RMB attend in SDR, strengthen RMB international level , But RMB devaluation continuously especially in local market , that is also dis benefit for Chinese economic development , meantime , in Oct , many cities like shanghai , beijing,shenzhen house price reach to 20% ,that is show bad economic is intensify step by step.

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