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SunSirs: Daily Report of China Commodity Data (March 4, 2024)
March 04 2024 16:19:56SunSirs(Selena)

On March 3rd, the commodity price index (BPI) was at 946 points, unchanged from yesterday, a decrease of 29.56% from the highest point in the cycle of 1,343 points (2021-10-19), and an increase of 43.33% from the lowest point of 660 points on February 3rd, 2016. (Note: The cycle refers to 2011-12-01 present)

According to the price monitoring of SunSirs, in the 9th week of 2024 (2.26-3.1), there were a total of 7 commodities in the agricultural and sideline sectors that rose month on month on the list of commodity prices. The top 3 commodities with the highest increase were Angelica sinensis (4.73%), Codonopsis pilosula (4.32%), and palm oil (3.73%). There are 10 products with a month on month decline, and 2 products with a decline of more than 5%, accounting for 9.1% of the monitored products in this sector; The top three products with a decline were Maidong (-25.12%), Egg (-5.84%), and Forsythia suspensa (-2.84%). The average increase and decrease this week is -1%.

 

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