SHANGHAI :
China's Bulk Commodity Market Growth Slows in September
Xinhua
DATE:  Oct 06 2020
/ SOURCE:  Xinhua
China's Bulk Commodity Market Growth Slows in September China's Bulk Commodity Market Growth Slows in September

(Yicai Global) Oct. 6 -- China's bulk commodity market saw slower growth in September compared with the previous month, industrial data showed yesterday.

The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood above the boom-or-bust line of 100 percent at 102.3 percent in September, down from 102.5 percent in August, according to the China Federation of Logistics and Purchasing.

Breaking it down, the sub-index for bulk commodity sales registered a slight increase while those for bulk commodity supply and prices dipped last month.

Data shows that market demand continued to bounce back while the growth in supply kept falling, signaling a more balanced supply-demand structure, the federation said.

Editor: Dou Shicong

Follow Yicai Global on
Keywords:   Bulk Commodity,China Federation of Logistics and Purchasing