China's bulk commodity stands above boom-or-bust line of 100 percent


(MENAFN)According to industrial data, China’s bulk good market announced enlargement growth in last month.

The China Federation of Logistics and Purchasing stated that the China Bulk Merchandise Index, a measure of the domestic bulk good market's enlargement, stood above the boom-or-bust line of 100 percent at 103.3 percent in April.

The federation added that the index increased for four consecutive months, stating a stable and increasing domestic bulk commodity market.

The sub-index for bulk commodity supply increased 1.7 percentage points from March to 102.7 percent, and the sub-index for sales amounted at 105.5 percent, increased 1.9 percentage points from a month ago.

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