In April, the China bulk commodity index continued to rise, and the market operated stably and improved.

The China Federation of Logistics and Purchasing announced the China Commodity Price Index for April today. From the perspective of index operation, influenced by improvements in supply and demand in some domestic industries and external input factors, the index continued to rise in April, but the increase was narrower compared to the previous month, indicating that the overall operation of the commodity market remains stable, continuing the positive trend. The China Commodity Price Index for April was 132.1 points, up 1.7% from the previous month and 20.2% year-on-year. Among the 50 key commodities monitored by the China Federation of Logistics and Purchasing, 38 commodities saw price increases in April. Among them, xylene, methanol, and polypropylene saw the highest increases, rising by 22.4%, 14.5%, and 11.8% respectively compared to the previous month. Looking at the industry breakdown, the chemical industry price index continued to rise due to input factors such as tight raw material supply and rising production costs. Thanks to the effective implementation of policies to ensure stable energy supply and prices, the energy price index slightly decreased but remained at a relatively high level for the year. Experts stated that in the face of external shocks, the domestic commodity market has demonstrated strong resilience and resilience, mainly due to the effective operation of China's complete industrial system, large-scale market, and macro-control mechanisms. However, uncertainties in the import of energy and chemicals still remain high, and industrial enterprises should actively expand their sources of raw materials, enhance market risk resistance capabilities, build a cooperation mechanism for sharing interests and risks between upstream and downstream entities, and jointly maintain the security and stability of the industrial supply chain.