Chinese commodity price index has continuously increased month-on-month for seven consecutive months.
The China Federation of Logistics and Purchasing announced today the commodity price index for November. From the performance of the index, there has been a consecutive increase for seven months, and it is better than the same period last year. The commodity price index for November was 114.1 points, with a month-on-month increase of 0.8% and a year-on-year increase of 1.6%. Among the 50 major commodities monitored by the China Federation of Logistics and Purchasing, 25 commodities saw a month-on-month increase in prices in November. Among them, lithium carbonate, coke, and corrugated paper had the highest increases, with increases of 15%, 7.2%, and 7.1% respectively compared to the previous month. Overall, the commodity market continues to recover, maintaining a stable and positive trend.
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