CCTV News: The China Federation of Logistics and Procurement announced the China Commodity Price Index for June on July 5. Judging from the index operation, the index has rebounded moderately for two consecutive months, and the production and operation activities of enterprises have continued to recover. The commodity market has generally been operating stably, and it has shown a steady and progressive development trend.
China's commodity price index in June was 110.8 points, up 0.5% month-on-month. Among the 50 commodities that the China Federation of Logistics and Procurement focused on monitoring, 17 commodities had increased month-on-month.
By industry perspective, the chemical price index continued to rebound; supported by rising international crude oil prices and rising costs of gasoline and diesel and other products, the energy price index stopped falling and rebounded. The agricultural product price index showed a slight correction, mainly due to the rising temperature and the gradual entry of terminal consumption into the traditional off-season, and the prices of some varieties have fallen slightly.
Zhou Xu, Vice President and Secretary-General of the Commodity Circulation Branch of the China Federation of Logistics and Procurement, said: "China's commodity price index rebounded moderately for two consecutive months, indicating that the commodity market was generally stable in the second quarter. With the accelerated implementation of the national series of countercyclical adjustment policies, the economic stability and positive trend is expected to continue further."
Experts said that my country's industrial production grew steadily in the second quarter, the demand for equipment manufacturing industries such as industrial robots and new energy vehicles and high-tech manufacturing industries expanded, as well as the sales of old-for-new related commodities and the export of mechanical and electrical products continued to grow, which also laid a good foundation for the steady growth of the commodity market in the second half of the year. At the same time, there are still many external uncertainties and unstable factors. The problems of insufficient effective demand and disorderly competition in some industries still need to be solved. It is necessary to further play the important role of the commodity circulation industry in expanding domestic demand, stabilizing growth and promoting development, further stimulate market vitality, and enhance the endogenous driving force of economic growth.
