The China Federation of Logistics and Purchasing announced today the China Commodity Price Index for August. As domestic and foreign market demand picked up, the impact of extreme weather weakened, and supply and demand relationships improved in some industries. The index stopped falling and rebounded month-on-month, and the year-on-year increase increased. China's commodity price index in August was 132.3 points, up 2.8% month-on-month and 18.4% year-on-year. Of the 50 commodities monitored by the China Federation of Logistics and Purchasing, there were 27 commodities whose prices rose month-on-month in August. Among them, ethylene glycol, diesel and coking coal had the highest increases, rising 18.2%, 10.1%, and 8.9%, respectively.
Zhitongcaijing · 1d ago
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The China Federation of Logistics and Purchasing announced today the China Commodity Price Index for August. As domestic and foreign market demand picked up, the impact of extreme weather weakened, and supply and demand relationships improved in some industries. The index stopped falling and rebounded month-on-month, and the year-on-year increase increased. China's commodity price index in August was 132.3 points, up 2.8% month-on-month and 18.4% year-on-year. Of the 50 commodities monitored by the China Federation of Logistics and Purchasing, there were 27 commodities whose prices rose month-on-month in August. Among them, ethylene glycol, diesel and coking coal had the highest increases, rising 18.2%, 10.1%, and 8.9%, respectively.
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