The commodity price index rose by 0.5% in June compared to the previous month.

Data from China Federation of Logistics and Purchasing shows that in June, the commodity price index in China was 110.8, up 0.5% month-on-month. Among the 50 key commodities monitored by the China Federation of Logistics and Purchasing, prices of 17 commodities rose compared to the previous month. In terms of industries, the chemical price index continued to rise; supported by the rise in international crude oil prices and the increase in costs of gasoline and diesel, the energy price index rebounded. The agricultural price index showed a slight decline, mainly due to the rise in temperatures and the gradual entry of traditional off-season consumption, leading to a slight decrease in prices of some varieties. Meanwhile, the price indices of black and mineral products continued to decline.