G.F. 326
CONFIDENTIAL E
Table 8 'Double-track' Price System of Industrial Products,
Guangzhou, 31 January 1986
Unit Rmb/ton
Extra-plan
Planned
Item
Model/Specification prices (A)
market prices (B)
B/A
Steel rod
6.5 m.m.
752*
1,750
2.33
effervescent steel
Round bar steel
10-12 m.m.
762*
1,650
2.17
Thread rolled steel
15 m.m.
804*
1,650
2.05
Cold rolled
0.7-0.9 m.m.
1,183*
1,850
1.56
steel sheet
killed steel
Hot rolled
1.0-1.5 m.m.
880*
1,750
1.99
steel sheet
Copper
no.
1
6,093
6,800
1.12
Aluminium
no.
1
2,890
6,000
2.08
ignot
Zinc
no.
1
2,089
3,900
1.87
Coal
no.
1
73.80
121.80
1.65
Pure alkali
Grade 1 of Industrial
494.50
690.00
1.40
countries
Cement
Ordinary no. 425
135*
145
1.07
Heavy Duty truck
Dongfeng brand
26,500
46,000
1.74
5-ton model
Source :
refers to supply prices based on local ex-factory prices, which are about 20% more than the central ex-factory prices.
Jingji Cankao, 17 February 1986, p. 4 quoted in T.M.H. Chan (1986), 'China's Price Reform in the 1980s'.
CONFIDENTIAL #
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