China News Service, Beijing, October 5 (Reporter Ruan Yulin) The China Federation of Logistics and Purchasing released data on the 5th. In September, the China Commodity Index (CBMI) was 102.3%, indicating that the supply and demand of goods are more balanced and the market is running Stable and good.
Data show that in September, the China Commodity Index (CBMI) was 102.3%, and the index fell for four consecutive months, indicating that the industry's growth rate continued to fall.
In September, the bulk commodity supply index fell to 102.3%, two consecutive declines to the lowest point in nearly seven months, indicating that the growth rate of commodity supply continued to fall.
From the perspective of major commodities, the supply of various commodities has shown an increasing trend this month, but the growth rate of the supply of most commodities has slowed down significantly.
The growth rate of the supply of steel, iron ore, raw coal and refined oil this month has slowed down compared with the previous month, while the growth of the supply of non-ferrous metals, chemicals and automobiles has accelerated compared with the previous month.
In September, the bulk commodity sales index rebounded by 0.4 percentage points from the previous month to 103%. The current domestic economic order has returned to normal, and the resumption of work and school has basically been completed. Coupled with the influence of holiday factors, market demand has accelerated overall growth.
In September, the bulk commodity inventory index was 100.5%, a decline for two consecutive months, indicating that the growth rate of commodity inventories continued to slow down and the market supply and demand relationship improved.
According to the analysis, as the supply side continues to rapidly stack up, the demand side recovery is obviously difficult to quickly digest the increase in supply, resulting in the temporary transfer of part of the commodity output to inventory, and the market inventory pressure still exists.
According to the analysis, judging from the changes in the index this month, although the comprehensive index continues to fall, as the peak season approaches, terminal demand is steadily releasing, market sales growth is accelerating, environmental protection remediation and environmental protection production restrictions are increasing, and supply growth is Continued decline, market supply and demand have become more balanced, the sales index is 0.7 percentage points higher than the supply index, supply pressure has eased to a certain extent, and the overall market performance is in line with expectations.
The analysis believes that in October, with the normalization of environmental protection policies, the domestic economy continues to stabilize and improve, and market confidence is significantly enhanced. Domestic commodity prices may show a trend of volatility and rising.
(Finish)