SunSirs--China Commodity Data Group

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China Bulk Commodity Index (BCI) of 12/2021 is -0.29

          As issued by China Commodity Data Group (SunSirs), Bulk Commodity Index (BCI) of 12/2021 is -0.29, with average rise of -2.05%. The data shows that China manufacturing economy is shrinking compared to last month.

Month 01/2021 02/2021 03/2021 04/2021 05/2021 06/2021 07/2021 08/2021 09/2021 10/2021 11/2021 12/2021
RN 65 86 52 58 51 53 72 53 76 64 22 34
FN 31 12 47 36 46 44 26 46 22 33 76 63
BCI 0.34 0.74 0.05 0.22 0.05 0.09 0.46 0.07 0.54 0.31 -0.54 -0.29
Average
Change
1.98% 12.15% 0.59% 2.42% 1.42% 0.83% 4.51% 1.72% 10.45% 4.4% -8.23% -2.05%

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.