SunSirs: Daily Report of China Commodity Data (August 19, 2024)

https://www.chemnet.com   Aug 19,2024 SunSirs

On August 18th, the commodity price index BPI was 899 points, unchanged 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, there were a total of 16 commodities in the non-ferrous sector that saw a month on month increase in commodity prices during the 33rd week of 2024 (8.12-8.16). The top 3 commodities with the highest increase were neodymium metal (4.21%), praseodymium neodymium oxide (4.00%), and neodymium oxide (3.95%). There are three types of products that have experienced a month on month decline, with the top three products being lead (-3.16%), cobalt (-2.25%), and silicon metal (-0.67%).

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