SunSirs: Daily Topic of China Bulk Commodity Data (December 2, 2024)

On December 1st, the commodity price index BPI was 890 points, unchanged from yesterday, a decrease of 33.73% from the highest point of 1,343 points during the cycle (2021-10-19), and an increase of 34.85% from the lowest point of 660 points on February 3rd, 2016.

According to the price monitoring of SunSirs, in the 48th week of 2024 (11.25-11.29), there were a total of 5 commodities in the agricultural sub sector that saw a month on month increase in commodity prices. Among them, there was 1 commodity with an increase of more than 5%, accounting for 9.1% of the monitored commodities in this sector; The top three products with the highest increase are palm oil (6.26%), soybean oil (1.98%), and soybean meal (1.00%). There are four types of products that have experienced a month on month decline, with the top three products being rapeseed oil (-1.27%), corn starch (-0.40%), and corn (-0.20%).

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