China bulk commodity price index rose 1.2% in October from the previous month, rising for the sixth consecutive month - Chinese media

The China Logistics and Purchasing Federation announced China's bulk commodity price index for October on the 5th. The index has risen for six consecutive months, with the October increase expanding from the previous month.
China's bulk commodity price index rose 1.2% from the previous month to 113.2 in October, marking the sixth consecutive month of increases.
Of the 50 major commodities that the association focuses on monitoring, prices rose in October compared to the previous month.
Of these, electrolytic copper increased by 6.9%, cardboard increased by 6%, and caking coal increased by 6%. By industry, non-ferrous metals increased by 3.5%, minerals increased by 0.7%, and energy
The ghee industry fell 1.3% year-on-year, while the chemical industry fell 3.1% year-on-year. Experts said that in October, domestic high-tech manufacturing, equipment manufacturing, and consumer goods industries grew rapidly. Companies are optimistic about market growth.
This shows that corporate production and management are maintaining a growth trend.