SunSirs: Daily Report of China Commodity Data (October 11, 2023)

On October 10th, the commodity price index (BPI) was 1,002 points, a decrease of 2 points from yesterday, a decrease of 25.39% from the highest point of 1,343 points in the cycle (2021-10-19), and an increase of 51.82% from the lowest point of 660 points on February 3rd, 2016. (Note: The cycle refers to the period from December 1st, 2011 to the present)

According to the price monitoring of SunSirs, on October 10, 2023, there were a total of 29 commodities with a month on month increase in the list of commodity prices, concentrated in the chemical sector (10 in total) and the energy sector (9 in total). The top three commodities with a rise were WTI crude oil (4.34%), LNG (4.31%), and Brent crude oil (4.22%). There are a total of 70 commodities with a month on month decrease, mainly in chemical industry (32 in total) and rubber and plastic (10 in total). The top three commodities with a decrease are aniline (-3.46%), bisphenol A (-2.23%), and soybean meal (-2.22%), respectively. The average daily increase or decrease is -0.13%.

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