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IHS Materials Price Index buoyant on strong commodity rally

By:  
Creamer Media Deputy Editor: North America
 
PRICE INDEX
The materials price index (MPI) from Global Insight by IHS Markit has gained a strong 1.3% last week, hitting its highest level since late 2014 the company reported on Thursday. Three categories led gains, including ferrous metals, rubber and freight, all of which posted large jumps, according to IHS.
 
 
 
 
 

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