SunSirs: Daily Report of China Bulk Commodity Data (July 30, 2024)

https://www.chemnet.com   Jul 30,2024 SunSirs

On July 29th, the commodity price index BPI was 919 points, a decrease of 2 points from yesterday, a decrease of 31.57% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 39.24% from the lowest point of 660 points on February 3rd, 2016. (Note: The cycle refers to the period from December 1, 2011 to present)

According to the price monitoring of Shengyi Society, on July 29, 2024, there were a total of 18 commodities that showed a year-on-year increase in commodity prices, mainly concentrated in the chemical sector (8 in total) and non-ferrous sector (2 in total). The top 3 commodities with the highest increase were LNG (2.16%), iron ore (Australia) (1.90%), and formic acid (1.87%). There are a total of 55 products that have experienced a month on month decline, mainly concentrated in the chemical industry (20 in total) and rubber and plastic (8 in total). Products with a decline of more than 5% are mainly concentrated in the chemical industry sector; The top three products with a decline were liquid ammonia (-7.65%), trichloromethane (-4.97%), and aniline (-3.80%).

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