China’s commodity price index slightly rebounds in December 2024

On January 4th, the China Federation of Logistics and Purchasing released data showing that the China Commodity Price Index (CBPI) for December 2024 was 111.2 points, a decrease of 1% month on month and 1.3% year-on-year. From the operation of the index, it can be seen that due to the deepening adverse effects of external environmental changes and the traditional off-season consumption, the index has experienced a slight correction, but it is higher than the low point of the year, indicating that the overall operation of the bulk market is stable.

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