The producer producesunder output contract
C that specifies fixed output price p and contracted quantity [??] where [??] is chosen by the producer.
"Musanada has also introduced output contracts
, which are accepted as best-practice technically and economically," says Al Balooshi.
2.1% compared to April and 1.9% year on year, according to figures from the Office for National Statistics.
Industrial output contracted
by 0.8 per cent in April, the first decline in three months, due to drastic fall in capital goods production and manufacturing activities.
At any rate, there is every reason to expect consumption from these countries to decline as economic output contracts
IHS chief UK and European economist Howard Archer said manufacturing output contracted
in the third and second quarters of 2015, and latest official data shows that output fell 0.4% month on month in October.
Data released last week showed that both German industrial orders and output contracted
in the third quarter, a cause for concern for business groups which urged the government to take measures to boost public and private investment.
The country's manufacturing output contracted
3.6 percent at end-June, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (Missi), while exports were also down 4.7 percent in first-half.
First-quarter gross domestic product estimates range between a 0.8 per cent and 1.2 per cent annual pace, setting up what could be a replay of sorts of 2014, when output contracted
sharply before rebounding strongly.
The rate dropped to 7.78 per cent earlier, the lowest level for benchmark 10-year debt since July 2013, amid speculation the central bank will cut borrowing costs after inflation slowed and factory output contracted
. India's consumer price index increased 4.38 per cent in November from a year earlier, the least since the gauge was created in early 2012, and industrial production fell the most in three years, official data showed after financial markets closed on December 12.
Saudi Arabia's output contracted
by 3.1 per cent during Q2, partly thanks to falling exports and tighter government spending.
* Saudi Arabia's output contracted
by 3.1 per cent during the second quarter of the year (Q2), partly thanks to falling exports and tighter government spending.