The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood above the boom-or-bust line of 100 percent at 103.3 percent last month, up 1 percentage point, according to the China Federation of Logistics and Purchasing (CFLP).
Breaking it down, the sub-index for bulk commodity sales and supply went up while that for bulk commodity inventory continued to dip last month.
The data indicated expansion in both supply and demand in China's bulk commodity market, as the country's economic recovery continued to gather steam, the CFLP said.
Latest comments