Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
China's Commodity Price Index rose by 4.1% in September compared to the previous month

China's Commodity Price Index rose by 4.1% in September compared to the previous month

智通财经智通财经2026/10/05 02:06
Show original

The China Federation of Logistics & Purchasing announced today (the 5th) the September China Commodity Price Index. According to the index's performance, with the arrival of the traditional peak season for production and construction, accelerated launches of major projects, and continuous improvement in manufacturing production and market demand, the prosperity level of the commodity market has further increased, laying a solid foundation for stable economic operation in the fourth quarter. The September China Commodity Price Index stood at 137.6 points, up 4.1% month-on-month and 22.9% year-on-year. Out of the 50 key commodities monitored by the China Federation of Logistics & Purchasing, 38 saw month-on-month price increases in September. Among them, methanol, ethylene glycol, and coke recorded the largest gains, rising 39.5%, 24.8%, and 20.4% month-on-month respectively. By industry, driven by international crude oil price increases, tight supply of certain products, and rising production costs, the energy and chemical price indices surged sharply, rising 14.8% and 13.7% month-on-month, respectively. With the advent of the traditional peak season for production and construction, accelerated industrial transformation and upgrades, and improvements in demand for manufacturing and construction, the price indices for nonferrous metals, ferrous metals, and minerals also increased month-on-month. (CCTV)

The China Federation of Logistics & Purchasing today (5th) released the September China Bulk Commodity Price Index. According to the index performance, with the arrival of the traditional peak season for production and construction, the acceleration of major project implementations, and the continued improvement in manufacturing production and market demand, the prosperity level of the bulk commodity market has further increased, laying a solid foundation for stable economic performance in the fourth quarter. The September China Bulk Commodity Price Index stood at 137.6 points, up 4.1% month-on-month and 22.9% year-on-year. Among the 50 major bulk commodities closely monitored by the China Federation of Logistics & Purchasing, 38 commodities experienced month-on-month price increases in September. Methanol, ethylene glycol, and coke saw the largest increases, with month-on-month gains of 39.5%, 24.8%, and 20.4%, respectively. By industry, due to rising international crude oil prices, tight supply of some products, and increased production costs, the energy and chemical price indices rose significantly, up 14.8% and 13.7% month-on-month, respectively. As the traditional production and construction peak season begins, industrial upgrading accelerates, and manufacturing and construction demand improves, the non-ferrous, ferrous, and mineral price indices all notched month-on-month increases. (CCTV)
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

ConocoPhillips CEO says midstream capital is sufficient and currently focuses on upstream.

ConocoPhillips (COP.US) CEO: There is sufficient capital in the midstream sector, but the company is currently focused on the upstream segment.

智通财经•2026/10/05 09:37

The CEO of ConocoPhillips says fiscal and tax contracts need to adapt to Middle East risks

The CEO of ConocoPhillips (COP.US) stated that we need fiscal and tax contract arrangements capable of adapting to the risks associated with the Middle East; we still believe there are geopolitical risks in the region.

智通财经•2026/10/05 09:31

ConocoPhillips CEO says the Middle East is investment-worthy but risks must be managed

ConocoPhillips (COP.US) CEO: The Middle East is an attractive investment destination, but risks must be managed.

智通财经•2026/10/05 09:31

The CEO of ConocoPhillips says that the oil price floor may rise to $70 per barrel.

The CEO of ConocoPhillips (COP.US) stated that the bottom for oil prices may rise to around $70 per barrel, and expects the mid-term price of WTI crude oil to be between $65 and $70 per barrel.

智通财经•2026/10/05 09:26