In April, China's commodity price index was 109.9 points, a month-on-month decrease of 3.1%

In April, China's commodity price index was 109.9 points, a 3.1% decrease from the previous month. The main reason for the decline in the index is the escalating global economic downturn concerns due to US tariff policies and the impact of falling international commodity prices. Compared with Western countries' CRB index and S&P GSCI index levels, the month-on-month drop in our commodity price index is much smaller, reflecting the resilience and advantages of our country's commodity market, which can effectively withstand external shocks and ensure relatively stable economic operations. As of April 30th, boosted by the Central Political Bureau meeting, most commodity prices and indices rebounded, moving away from the lows of the month, indicating overall stability in market expectations for the future. With the accelerated introduction of a series of policies to stabilize the economy by the country and the steady release of domestic demand, China's commodity market has a solid foundation for continued smooth operation in the future.