SunSirs: Daily Report of China Bulk Commodity Data (July 19, 2024)
July 19 2024 11:10:15 SunSirs (Selena)
On July 18th, the commodity price index BPI was 930 points, a decrease of 2 points from yesterday, a decrease of 30.75% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 40.91% from the lowest point of 660 points on February 3rd, 2016. (Note: The cycle refers to the period from December 1, 2011 to present)
According to the price monitoring of SunSirs, on July 18, 2024, there were a total of 26 commodities that showed a year-on-year increase in commodity prices, mainly concentrated in the chemical sector (11 in total) and the energy sector (5 in total). The top three commodities with the highest increase were rapeseed oil (2.98%), WTI crude oil (2.59%), and dichloromethane (1.84%). There were a total of 43 products that experienced a month on month decline, mainly in the chemical industry (13 in total) and non-ferrous metals (10 in total). The top three products with the highest decline were tin (-2.85%), rapeseed meal (-2.49%), and nickel (-2.05%).
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