SunSirs--China Commodity Data Group

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China Bulk Commodity Index (BCI) of 1/2017 is 0.17

          As issued by China Commodity Data Group (SunSirs), Bulk Commodity Index (BCI) of 01/2017 is 0.17, with average rise of 1.87%. The data shows that China manufacturing economy is expanding compared to last month.

Month 02/2016 03/2016 04/2016 05/2016 06/2016 07/2016 08/2016 09/2016 10/2016 11/2016 12/2016 01/2017
RN 60 78 67 40 45 56 62 61 76 84 73 57
FN 36 21 31 56 49 42 36 36 20 14 25 40
BCI 0.24 0.58 0.36 -0.16 -0.04 0.14 0.26 0.25 0.57 0.71 0.49 0.17
Average
Change
1.05% 5.21% 3.08% -1.78% -0.25% 1.98% 1.58% 2.73% 3.83% 6.78% 5.39% 1.87%

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.