SunSirs--China Commodity Data Group

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China Bulk Commodity Index (BCI) of 5/2020 is 0.37

          As issued by China Commodity Data Group (SunSirs), Bulk Commodity Index (BCI) of 05/2020 is 0.37, with average rise of 4.45%. The data shows that China manufacturing economy is expanding compared to last month.

Month 06/2019 07/2019 08/2019 09/2019 10/2019 11/2019 12/2019 01/2020 02/2020 03/2020 04/2020 05/2020
RN 38 48 46 64 29 40 42 45 22 19 48 68
FN 59 51 51 33 65 56 51 45 70 80 50 31
BCI -0.21 -0.03 -0.05 0.31 -0.36 -0.16 -0.09 0.00 -0.48 -0.61 -0.02 0.37
Average
Change
-0.33% 0.4% -0.25% 3.77% -2.54% 0.05% -0.12% 0.18% -3.56% -9.84% 0.38% 4.45%

Bulk Commodity Index(BCI) is the monthly index to monitor China macro-economy. Its mechanism is as follows:

1. Select 100 commodities which covers Oil, Energy, Petrochemicals, Textiles, Metals, Non-ferrous and mostly represent the above 8 industries

2. Count the rising number(RN) and the falling number (FN)

3. Calculate the value of BCI by the formular of
    BCI=(RN-FN)/100

Based on the above mechanism, the BCI can show 3 points:

    1. BCI>0 indicates that China manufacturing industry economy is expanding;

    2. BCI=0 indicates that China manufacturing industry economy remains steady.

    3. BCI<0 indicates that China manufacturing industry economy is shrinking.