The China Federation of Logistics and Purchasing announced today (9th) the China Commodity Index for September. The index has been rising month on month for two consecutive months, indicating that the current stable and positive characteristics of the domestic commodity market are further evident. The China Commodity Index in September was 103.6%, an increase of 0.9 percentage points compared to the previous month. The index has continued to rise, reaching its highest point since August 2020. Specifically, the commodity supply index has slightly rebounded, while the sales index has continued to rise, indicating stable growth in domestic commodity supply and good demand in the domestic market. From the perspective of major commodities, the supply of automobiles has stopped falling and rebounded, while the supply of coal, non-ferrous metals, and chemicals continues to increase, with an accelerated growth rate. Although the supply of steel, iron ore, and refined oil continues to increase, the growth rate has slowed down. Under the protection of favorable macroeconomic policies and the arrival of the traditional peak demand season, the market sales situation is improving, and the growth rate of domestic bulk commodity sales has accelerated compared to last month. Among the major commodities, sales volume has shown a comprehensive increase. Overall, in September, the supply and demand linkage of bulk commodities increased, especially with a stronger increase in demand than supply. The inventory pressure of commodities has been continuously alleviated, and the production and business environment of domestic bulk commodity related enterprises has further improved. The stable and positive trend of the industry continues to deepen. Liu Yuhang, Director of China Logistics Information Center: The overall improvement in the situation of bulk commodities also indicates that our economy is gradually improving, or the market is gradually warming up, and the entire economic activity is gradually becoming active. Experts say that as policy effects continue to emerge, the strength of economic recovery will further strengthen, manufacturing production activities will continue to accelerate, and market demand is expected to continue to recover. In October, the commodity market will still maintain a stable and positive development trend. (New News Agency)