SunSirs: Daily Report of China Bulk Commodity Data (August 26, 2024)

https://www.chemnet.com   Aug 26,2024 SunSirs

On August 25th, the commodity price index BPI was 895 points, unchanged from yesterday, a decrease of 33.36% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 35.61% from the lowest point of 660 points on February 3rd, 2016.

According to the price monitoring of Shengyi Society, in the 34th week of 2024 (8.19-8.23), there were a total of 11 commodities in the non-ferrous sector that saw a month on month increase in commodity prices. The top 3 commodities with the highest increase were zinc (2.20%), tin (1.40%), and aluminum (1.22%). There are a total of 6 products with a month on month decline, and 1 product with a decline of more than 5%, accounting for 4.8% of the monitored products in this sector; The top three products with a decline are cobalt (-5.48%), lead (-2.36%), and copper (-0.67%).

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