Tag: Index

Quick Estimates of Index of Industrial Production and Use-Based Index for the month of April, 2021 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. 2.        For the month of April 2021, the Quick Estimates of Index of Industrial Production (IIP)with base 2011-12 stands at 126.6. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2021 stand at 108.0, 125.1 and 174.0 respectively. These Quick Estimates will undergo ... Read more

Davis Index launches world’s first decentralized exchange contracts for recycled steel

Toronto, Canada, 6th May 2021, ZEXPRWIRE, Commodity price reporting agency, Davis Index, has announced the launch of the world’s first decentralized futures contracts for recycled steel which will list on Mettalex, a decentralized exchange for commodities trading, later this month. Mettalex launched its blockchain-agnostic exchange which is available on Ethereum and Binance Smart Chain in February 2021. The exchange incorporates Fetch.ai technology and enables traders to take leveraged long or short positions against a number of commodities including Steel Recyclables, Zinc, Iron Ore, and spreads for digital currency. All of these are unique markets in the decentralized finance (DeFi) space. Davis ... Read more

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2021 (BASE 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. 2.        For the month of February 2021, the Quick Estimates of Index of Industrial Production (IIP)with base 2011-12 stands at 129.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2021 stand at 116.5, 129.3 and 153.9 respectively. These Quick Estimates will undergo ... Read more