SunSirs: Daily Report of China Bulk Commodity Data (November 8, 2024)

https://www.chemnet.com   Nov 08,2024 SunSirs

On November 7th, the commodity price index BPI was 896 points, up 1 point from yesterday, down 33.28% from the highest point of 1,343 points during the cycle (2021-10-19), and up 35.76% from the lowest point of 660 points on February 3rd, 2016.

According to the price monitoring of SunSirs, on November 7, 2024, there were a total of 31 commodities that showed a year-on-year increase in commodity prices, mainly concentrated in the chemical sector (12 in total) and the steel sector (4 in total). The top three commodities with the highest increase were rapeseed meal (4.62%), glass (3.09%), and soybean meal (2.54%). There were a total of 33 products that experienced a month on month decline, mainly in the chemical industry (8 in total) and non-ferrous metals (7 in total). The top 3 products with the highest decline were ammonium sulfate (-3.58%), copper (-1.73%), and steel billets (-1.26%).

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