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A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
A price index aggregates various combinations of base period prices (), later period prices (), base period quantities (), and later period quantities (). Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( p t ...
Paraffin wax (or petroleum wax) is a soft colorless solid derived from petroleum, coal, or oil shale that consists of a mixture of hydrocarbon molecules containing between 20 and 40 carbon atoms. It is solid at room temperature and begins to melt above approximately 37 °C (99 °F), [ 2 ] and its boiling point is above 370 °C (698 °F). [ 2 ]
Price indices are represented as index numbers, number values that indicate relative change but not absolute values (i.e. one price index value can be compared to another or a base, but the number alone has no meaning). Price indices generally select a base year and make that index value equal to 100.
Kerosene, or paraffin, is a combustible hydrocarbon liquid which is derived from petroleum. It is widely used as a fuel in aviation as well as households. Its name derives from κηρός (kērós) meaning "wax", and was registered as a trademark by Nova Scotia geologist and inventor Abraham Gesner in 1854 before evolving into a generic trademark.
The first index to track commodity futures prices was the Dow Jones futures index which started being listed in 1933 (backfilled to 1924). [1] The next such index was the CRB ("Commodity Research Bureau") Index, which began in 1958. Due to its construction both of these were not useful as an investment index.
Chlorinated paraffins (CPs) are complex mixtures of polychlorinated n-alkanes (paraffin wax). The chlorination degree of CPs can vary between 30 and 70 wt%. CPs are subdivided according to their carbon chain length into short-chain CPs (SCCPs, C 10–13), medium-chain CPs (MCCPs, C 14–17) and long-chain CPs (LCCPs, C >17). Depending on chain ...
Microcrystalline waxes are a type of wax produced by de-oiling petrolatum, as part of the petroleum refining process. In contrast to the more familiar paraffin wax which contains mostly unbranched alkanes, microcrystalline wax contains a higher percentage of isoparaffinic (branched) hydrocarbons and naphthenic hydrocarbons. [1]
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