China Commodity Supply Continued To Increase in May

Published: Jun 5, 2023 16:49

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The China Federation of Logistics& Purchasing (CFLP) announced today the China Commodity Index stopped falling and rebounded in May. As the operating rates of enterprises gradually picked up, the overall supply of domestic bulk commodities is still growing. The China Commodity Index was 100.7% in May, up 0.4 point MoM.

According to the analysis, the index rebounded in May mainly driven by the rise of the supply index and inventory index.

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