According to Sina Finance, China's October CPI rose 0.2% year-on-year, compared with expectations of -0.10% and a previous reading of -0.30%. Month-on-month, it increased 0.2%, up from 0.1% previously.

In October, prices for food, tobacco, and alcohol fell 1.6% year-on-year, contributing to a decline of approximately 0.46 percentage points in the CPI. Among food items: - Egg prices fell 11.6%, contributing to a 0.08 percentage point decline in CPI;

Livestock meat prices dropped 7.4%, contributing to a 0.23 percentage point decline in CPI, with pork prices falling 16.0% and contributing to a 0.23 percentage point decline in CPI; Fresh vegetable prices fell by 7.3%, contributing to a decrease of about 0.18 percentage points in the CPI; fresh fruit prices dropped by 2.0%, contributing to a decrease of about 0.04 percentage points in the CPI; grain prices decreased by 0.7%, contributing to a decrease of about 0.01 percentage points in the CPI; aquatic product prices rose by 2.0%, contributing to an increase of about 0.04 percentage points in the CPI.

In October, prices for food, tobacco, and alcohol rose 0.2% month-on-month, contributing to a 0.07 percentage point increase in the CPI.

Among food items: Fresh vegetable prices rose 4.3%, contributing to a 0.09 percentage point increase in the CPI; Fresh fruit prices rose 1.2%, contributing to a 0.03 percentage point increase in the CPI; Egg prices fell 1.7%, contributing to a 0.01 percentage point decrease in the CPI; Prices for livestock meat fell by 0.9%, contributing to a decrease of about 0.03 percentage points in the CPI.

Among these, pork prices dropped by 2.5%, contributing to a decrease of about 0.03 percentage points in the CPI; prices for aquatic products fell by 0.9%, contributing to a decrease of about 0.02 percentage points in the CPI.

As an integrated internet platform providing benchmark prices, on November 10, the benchmark price of live pigs on SunSirs was 12.08 RMB/kg, a decrease of 2.82% compared with the beginning of the month (12.43 RMB /kg).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.