SunSirs: Daily Report of China Bulk Commodity Data (September 12, 2024)

https://www.chemnet.com   Sep 12,2024 SunSirs

On September 11th, the commodity price index BPI was 879 points, a decrease of 1 point from yesterday, a decrease of 34.55% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 33.18% from the lowest point of 660 points on February 3rd, 2016.

According to the price monitoring of SunSirs, on September 11, 2024, there were a total of 26 commodities that showed a year-on-year increase in commodity prices, mainly concentrated in the chemical sector (9 in total) and the non-ferrous sector (6 in total). The top 3 commodities with the highest increase were methanol (1.43%), steel billets (1.09%), and aluminum (0.97%). There were a total of 60 commodities that experienced a month on month decline, mainly in the chemical industry (18 in total) and non-ferrous metals (12 in total). The top three commodities with the highest decline were WTI crude oil (-4.31%), Brent crude oil (-3.69%), and neodymium oxide (-3.39%).

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