(MENAFN)
Industrial data showed that the bulk commodity market in China reported a narrow in expansion in July in comparison to a month earlier in June.
The China Federation of Logistics and Purchasing said that the China Bulk Merchandise Index, an indicator of domestic bulk commodity market expansion, came in over 100 percent to set at 104.8 percent in July, reporting a decline of 0.4 percent since June.
The index reported monthly decrease for two months in a row.
The bulk commodity supply sub index rose faster for the third month in a row in July, showing an increase in supply.
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