On March 5th, the China Federation of Logistics and Purchasing announced the February China Commodity Price Index. The China Commodity Price Index for February was 112.6 points, up 1.3% month on month. Among the 50 bulk commodities monitored by the China Federation of Logistics and Purchasing, 25 of them saw a month on month price increase in February. Among them, the top three varieties with the highest increase were soybean meal, caustic soda, and praseodymium neodymium oxide, which increased by 18.7%, 8.3%, and 7.1% respectively compared to the previous month.
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