China’s bulk commodity price index (CBPI) was 111.4 in February, a slight decrease of 0.7% month-on-month. Market prices continue to maintain a low operating trend due to the weakening demand during the Spring Festival holiday.
Among the 50 commodities monitored by the China Federation of Logistics and Purchasing, compared with the previous month, the prices of 26 commodities (52%) fell and 24 commodities (48%) increased. The top three commodities with the largest decline were apples, soybean meal and coke, which fell by 11.9%, 5.9% and 4.9%.