Commodity Development and Research Centre (CDRC) on Monday said the Commodity Confidence Index recorded -0.22 in November, the sixth month in a row for the index to stay below zero.
The CCI in October was -0.25 and that in November 2014 was -0.87. Prices of some 80 percent commodities dropped in October, with an average decline of 2.27 percent, hurting market confidence, said senior CDRC analyst Liu Xintian.
Liu expected the actual performance of the commodity market in November might be better than anticipations, and the CCI could rise to above zero in December.
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