Yongkang hardware index collected and released this month

From August onwards, hardware city merchant Lu Jun has to take a book before closing the door every day to record the sales volume and price of the products he runs on that day, as an important reference for the Yongkang Hardware Index.

"It is an honor to be selected as an information collection point," said Lu Jun, Yiwu Small Commodity Index, and Shaoxing Shaoxing Light Textile Index. The release of "Yongkang Hardware Index" will surely have authority in the country.

The reporter learned on the 16th that the People's Bank of China officially began collecting, co-ordinating, and issuing the “Yongkang Hardware Index” this month. “Yongkang Hardware Index” consists of three sub-indexes: the price index system, the boom index system, and the foreign trade index system, to objectively and comprehensively reflect the Yongkang hardware market price and market activity, grasp the market operation status, and forecast the market development trend. For the hardware industry producers and operators to provide timely and accurate business information.

It is understood that after more than 10 years of cultivation, China Science & Technology Hardware City has developed more than 4,600 business stores, and has entered more than 20,000 traders visiting the market. Products radiate more than 50 countries and regions in the world. Last year, the hardware city turnover reached 53.7 billion yuan, ranking first in the country's similar market. However, due to the lack of similar price and economic release functions similar to the Yiwu Small Commodity Index, the hardware trading market can hardly reflect the status of Yongkang Hardware in the nationwide hardware industry, which in turn affects Yongkang Hardware's distribution centers, price formation centers, and information collections across the country and even the world. Pass the center's "right to speak."

In addition to the comprehensive survey of market comprehensive indicators and some transaction indicators by the Yongkang Hardware Index, the remaining commodities and merchants use the sample survey as their target price, transaction, and business indicators.

The Yongkang Hardware Index will be issued periodically, with price-type indicators and transaction-type indicators collected and released once a month, and business-type indicators collected and released once a quarter.

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