SunSirs: Daily Report of China Bulk Commodity Data (August 16, 2024)

https://www.chemnet.com   Aug 16,2024 SunSirs

On August 15th, the commodity price index BPI was 899 points, a decrease of 1 point from yesterday, a decrease of 33.06% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 36.21% 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 SunSirs, on August 15, 2024, a total of 21 commodities showed a year-on-year increase in their prices, mainly concentrated in the agricultural and sideline sector (7 in total) and the chemical sector (4 in total). The top 3 commodities with the highest increase were palm oil (1.46%), soybean meal (1.18%), and natural rubber (1.06%). A total of 51 products experienced a month on month decline, mainly in the chemical industry (20 in total) and non-ferrous metals (7 in total). The top 3 products with the highest decline were PET (-2.91%), lithium hydroxide (-2.86%), and iron ore (Australia) (-2.69%).

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