SunSirs--China Commodity Data Group

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China Bulk Commodity Index (BCI) of 9/2017 is 0.25

          As issued by China Commodity Data Group (SunSirs), Bulk Commodity Index (BCI) of 09/2017 is 0.25, with average rise of 2.44%. The data shows that China manufacturing economy is expanding compared to last month.

Month 10/2016 11/2016 12/2016 01/2017 02/2017 03/2017 04/2017 05/2017 06/2017 07/2017 08/2017 09/2017
RN 76 84 73 57 65 25 31 38 44 68 74 62
FN 20 14 25 40 32 72 67 57 52 29 26 37
BCI 0.57 0.71 0.49 0.17 0.33 -0.47 -0.36 -0.19 -0.08 0.39 0.48 0.25
Average
Change
3.83% 6.78% 5.39% 1.87% 2.14% -4.35% -2.22% -1.01% 0.07% 2.47% 3.63% 2.44%

Bulk Commodity Index(BCI) is the monthly index to monitor China macro-economy. Its mechanism is as follows:

1. Select 100 commodities which covers Oil, Energy, Petrochemicals, Textiles, Metals, Non-ferrous and mostly represent the above 8 industries

2. Count the rising number(RN) and the falling number (FN)

3. Calculate the value of BCI by the formular of
    BCI=(RN-FN)/100

Based on the above mechanism, the BCI can show 3 points:

    1. BCI>0 indicates that China manufacturing industry economy is expanding;

    2. BCI=0 indicates that China manufacturing industry economy remains steady.

    3. BCI<0 indicates that China manufacturing industry economy is shrinking.