Trade Resources Market View RMPI Rose 2.1 Percent During The 12-Month Period Ending in December

RMPI Rose 2.1 Percent During The 12-Month Period Ending in December

According to a report released by Statistics Canada Monday, Canada's Raw Materials Price Index (RMPI) rose 2.1 percent during the 12-month period ending in December, after falling 2.6 percent in November.

While the increase was primarily attributed to crude energy products, the rise in the RMPI over the 12-month period was moderated by metal ores, concentrates and scrap (-10.8 percent), which have been declining since January 2013.

Source: http://www.steelorbis.com/steel-news/latest-news/metal-ores-and-scrap-moderate-canadas-raw-materials-price-index-810533.htm
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Metal Ores and Scrap Moderate Canada's Raw Materials Price Index
Topics: Metallurgy