Among 58 commodities under monitoring in China, 10 saw week-on-week price growth last week ending July 24, according to market information supplier www.100ppi.com.
Specifically, 4 were in the agricultural and by-product sector and 3 in the chemical sector Excluding gold, WTI crude led price fall in the bulk commodity market with international oil prices falling to four-month low of less than 50 US dollars per barrel International crude oil market will continue to be impacted by negative news as well as the oversupply situation, according to 100ppi's product oil analyst Li Hong. Crude oil would still be the artery of the bulk commodity market and its continuous price fall would still drag the market, chief analyst with www.100ppi.com said.
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