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The China Federation of Logistics and Purchasing announced today the July China Commodity Price Index. Judging from the performance of the index, the commodity price index fell slightly month-on-month, maintained a large year-on-year increase, and the overall operating base of the market was stable. China's commodity price index in July was 128.6 points, down 1.3% month on month and up 15.5% year on year. Among the 50 commodities monitored by the China Federation of Logistics and Purchasing, there were 14 commodities whose prices rose month-on-month in July. Among them, coke, praseodymium oxide, and corrugated paper had the highest increases, rising 7.1%, 6.4%, and 5.6%, respectively.
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The China Federation of Logistics and Purchasing announced today the July China Commodity Price Index. Judging from the performance of the index, the commodity price index fell slightly month-on-month, maintained a large year-on-year increase, and the overall operating base of the market was stable. China's commodity price index in July was 128.6 points, down 1.3% month on month and up 15.5% year on year. Among the 50 commodities monitored by the China Federation of Logistics and Purchasing, there were 14 commodities whose prices rose month-on-month in July. Among them, coke, praseodymium oxide, and corrugated paper had the highest increases, rising 7.1%, 6.4%, and 5.6%, respectively.
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