Analysis on the Operation of Commodity Price Index for Trading Classification in the Hardware Market

Time:2016-09-07


Analysis on the Operation of Commodity Price Index for Trading Classification in the Hardware Market

(1) Kitchen hardware weekly price index, with the highest increase
Last week, the price index of "kitchen hardware" closed at 103.47 points, a month on month increase of 0.46 percentage points, ranking first among the twelve major categories. The increase in the weekly price index of "kitchen hardware" is mainly affected by the increase in the prices of "kitchen tools" in the secondary category of this category. This week, the price index of "kitchen tools" closed at 101.96 points, an increase of 1.17 percentage points compared to the previous week. The price of the "fruit knife" product in its individual specifications has increased by 25.00 percentage points compared to the previous week.
(2) The weekly price index of mechanical and electrical hardware continues to rise
Last week, the price index of "Mechanical and Electrical Hardware" closed at 112.89 points, a month on month increase of 0.43 percentage points, ranking second in the twelve major categories. The increase in the weekly price index of "Mechanical and Electrical Hardware" is influenced by the increase in the prices of "Transmission (Machinery)" commodities in the second level classification under this category. This week, the "Transmission (Machinery)" price index closed at 127.42 points, a month on month increase of 2.88 percentage points. The price of the "gear reducer" product in its individual specifications has increased by 13.73 percentage points compared to the previous week.
(3) Weekly price index of hardware tools and accessories, slightly increasing
Last week, the price index of "hardware tools and accessories" closed at 104.85 points, a month on month increase of 0.36 percentage points, ranking third in the twelve major categories. The increase in the weekly price index of "hardware tools and accessories" is influenced by the price increase of "other hardware tools" in the second level classification of this category. This week, the price index of "other hardware tools" closed at 112.61 points, an increase of 2.61 percentage points month on month.
(4) Weekly price index of cars and accessories, with the largest decline
The price index of "cars and accessories" closed at 103.71 points last week, a decrease of 0.45 percentage points compared to the previous week, ranking first in the twelve major categories. The decrease in the price index of "cars and accessories" is mainly affected by the decrease in the prices of "tool cars" in the second level classification of this category. This week, the price index of "tool cars" closed at 112.85 points, a decrease of 1.79 percentage points compared to the previous week. The price of "shopping cart" products in its individual specifications has decreased by 8.51 percentage points compared to the previous week.
(5) General Components Weekly Price Index, Slightly Decreasing
The price index of "General Components" closed at 112.36 points last week, a decrease of 0.31 percentage points compared to the previous week, ranking second in the twelve major categories. The decrease in the price index of "general components" is mainly affected by the decrease in the prices of "spring" products in the secondary category under this category. This week, the "spring" price index closed at 102.74 points, a decrease of 3.01 percentage points compared to the previous week. The price of the "torsion spring" product in its individual specifications has decreased by 25.00 percentage points compared to the previous week.
(6) Sports and leisure hardware weekly price index, down month on month
The price index of "Sports and Leisure Hardware" closed at 105.42 points last week, a decrease of 0.08 percentage points compared to the previous week, ranking third in the twelve major categories. The decrease in the price index of "sports and leisure hardware" is mainly affected by the decrease in the prices of "fitness equipment" in the second level classification of this category. This week, "fitness equipment"


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