Jiangsu input prices rise 7.2% in October; ferrous materials decline
Official price statistics show divergent movements across chemical, energy and metal inputs.
The story explained
Jiangsu’s NBS survey office released October 2026 producer-price data on 11 November. Factory-gate prices rose 3.1% year on year and 0.5% month on month; purchase prices rose 7.2% and 1.2%, respectively. January–October cumulative increases were 0.9% for factory-gate prices and 3.1% for purchase prices.
October purchase prices increased year on year by 19.5% for chemical raw materials, 18.4% for fuels and power, and 17.1% for non-ferrous metals and wire. Ferrous materials fell 1.6%. Monthly changes for those categories were +5.3%, +4.7%, +0.1% and -0.3%, showing different input-cost directions.
These figures are percentage changes in Jiangsu industrial price statistics, covering October and January–October 2026. They are neither spot quotations for a specified metal grade, size or delivery location nor futures or finished-valve prices. Category movements cannot be directly applied to an individual procurement contract.
Why it matters
Editorial analysis: Valve manufacturing costs require separate assessment of steel, non-ferrous metals, chemical inputs and energy; the aggregate does not imply uniform inflation.
Relevant toProject owners, EPCs and flow-control suppliers
What to watch next
Watch comparable quotations by grade, specification and purchasing region, alongside subsequent monthly data.
These are research prompts, not announced tenders or confirmed subsequent developments.
国家统计局江苏调查总队
2026年10月份江苏工业生产者出厂价格同比上涨3.1%
This is an independently written summary and analysis, not an official translation. Project plans and status may change.