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Haikou Jiangdong New Area
Economy

China's bulk commodity market growth slows in July

August 10, 2020


Abstract : China's bulk commodity market saw slower growth in July compared with June, industrial data showed.

BEIJING, Aug. 9 (Xinhua) -- China's bulk commodity market saw slower growth in July compared with June, industrial data showed.

The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood above the boom-or-bust line of 100 percent at 104.8 percent in July, down 0.4 percentage points compared with June, according to the China Federation of Logistics and Purchasing.

The index has registered a month-on-month decline for two consecutive months.

The sub-index for bulk commodity supply climbed faster for the third consecutive month in July, indicating rising supply.

The sub-index for bulk commodity sales saw slower expansion for the second consecutive month in July. Enditem

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Keyword: bulk commodity

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