SunSirs: Daily Report of China Bulk Commodity Data (September 4, 2024)

https://www.chemnet.com   Sep 04,2024 SunSirs

On September 3rd, the commodity price index BPI was 892 points, a decrease of 2 points from yesterday, a decrease of 33.58% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 35.15% from the lowest point of 660 points on February 3rd, 2016.

According to the price monitoring of Shengyi Society, on September 3, 2024, there were a total of 31 commodities that showed a year-on-year increase in commodity prices, mainly concentrated in the non-ferrous sector (8 in total) and the agricultural and sideline sector (7 in total). Commodities with an increase of more than 5% were mainly concentrated in the agricultural and sideline sector; The top three products with the highest increase are rapeseed oil (5.67%), aniline (1.91%), and soybean oil (1.81%). There were a total of 46 products that experienced a month on month decline, mainly concentrated in the chemical industry (16 products) and steel (9 products). The top three products with the highest decline were iron ore (Australia) (-3.39%), PA66 (-2.19%), and steel billets (-2.02%).

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