CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

China Commodity Index Falls On Weaker Demand In November

CHINA PRESS
MNI (Singapore)

China Bulk Merchandise Index fell by 1.5 percentage points to 101.3% in November from October, the second consecutive monthly drop, indicating insufficient upward momentum in demand, Securities Daily reported citing data by the China Logistics Information Center (CLIC). The commodity inventory sub-index rebounded for the second month to 101.7% to hit a nine-month high. Inventory pressure will continue to rise as the scope of construction shutdowns in the northern region expands as temperature drops over December, said CLIC Analyst Li Dawei. But limited room exists for price adjustments against the backdrop of favourable pro-growth policies and an expected decline in commodity supply, Li added.

Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.