According to China's National Bureau of Statistics, industrial output from large-scale enterprises grew 4.9% year-on-year in October (all growth rates are actual growth rates adjusted for price factors). Month-on-month, industrial output from large-scale enterprises increased 0.17% in October. From January to October, industrial output from large-scale enterprises grew 6.1% year-on-year.

By major industrial categories, mining output grew 4.5% year-on-year in October, manufacturing increased 4.9%, and electricity, heat, gas, and water production and supply rose 5.4%.

By economic type, in October, value-added output of state-controlled enterprises grew 6.7% year-on-year; shareholding enterprises grew 5.2%; foreign-funded and Hong Kong, Macao, and Taiwan-funded enterprises grew 4.0%; and private enterprises grew 2.1%.

By industry, in October, 29 out of 41 major industries saw year-on-year growth in value-added output. Specifically: - Coal mining and washing grew by 6.5% - Petroleum and natural gas extraction grew by 1.9% - Processing of agricultural and sideline products grew by 2.5% - Manufacturing of alcoholic beverages, beverages, and refined tea declined by 1.9% - Textile manufacturing grew by 0.2% - Manufacture of basic chemicals and chemical products grew by 7.1% - Manufacture of non-metallic mineral products declined by 3.2% ferrous metal smelting and rolling increased by 1.4%, non-ferrous metal smelting and rolling increased by 3.7%, general-purpose equipment manufacturing increased by 6.9%, special-purpose equipment manufacturing increased by 0.7%, and automobile manufacturing increased by 16.8%. railway, shipbuilding, aerospace, and other transport equipment manufacturing grew by 15.2%, electrical machinery and equipment manufacturing increased by 4.9%, computer, communications, and other electronic equipment manufacturing rose by 8.9%, and electricity and heat production and supply grew by 5.9%.

By product category, in October, output of 313 out of 623 industrial products above designated size in China increased year-on-year. Among them: Steel output reached 118.64 million tons, down 0.9% year-on-year; Cement output reached 147.75 million tons, down 15.8%; Ten non-ferrous metals reached 6.95 million tons, up 2.9%; Ethylene reached 3.14 million tons, up 11.7%; Automobile production reached 3.279 million units, up 11.2%, including 1.71 million new energy vehicles, up 19.3%; Electricity generation reached 800.2 billion kilowatt-hours, up 7.9%; Crude oil processing reached 63.43 million tons, up 6.4%. power generation reached 800.2 billion kilowatt-hours, up 7.9%; and crude oil processing volume totaled 63.43 million tons, up 6.4%.

In October, the product sales rate for China's industrial enterprises above designated size stood at 96.4%, down 1.0 percentage point year-on-year. Export delivery value for these enterprises reached 1.3245 trillion yuan, down 2.1% in nominal terms year-on-year.

As an integrated internet platform providing benchmark prices, on November 14, the benchmark price of thermal coal from SunSirs was 825.00 RMB/ton, an increase of 1.85% compared with the beginning of the month (810.00RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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