SunSirs: Daily Report of China Commodity Data (July 8, 2024)
July 08 2024 15:25:10 SunSirs (Selena)
On July 7th, the commodity price index (BPI) was at 942 points, unchanged from yesterday, a decrease of 29.86% from the highest point in the cycle of 1,343 points (2021-10-19), and an increase of 42.73% 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 Business Society, in the 27th week of 2024 (7.1-7.5), there were a total of 9 commodities in the agricultural and sideline sectors that rose month on month on the list of commodity prices. Among them, there was 1 commodity that increased by more than 5%, accounting for 9.1% of the monitored commodities in this sector; The top three commodities with the highest increase were eggs (7.75%), rapeseed oil (3.43%), and palm oil (2.17%). There are two products with a month on month decline, and the top two products with the largest decline are rapeseed meal (-0.38%) and corn (-0.06%).
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- 2024-08-09 SunSirs: China Corn Maintains a Weak Position in the Short Term
- 2024-08-08 SunSirs: Brazil's Corn Exports in July Decreased 16% Compared to the Same Period Last Year
