Index for bulk commodities stable in 2025

China's bulk commodity price index remained stable throughout the year so far, official data showed on Friday, reinforcing signs that the country's economic structure is optimizing in a healthier and more sustainable manner.

By Dec 12, the annual average of China's bulk commodity price index, the index tracking the development of the country's bulk commodity market, was 112.1, down 0.1 percent year-on-year.

Zhou Xu, deputy director of the China Bulk Commodity Circulation Exchange Association of the China Federation of Logistics and Purchasing, said: "From the variation of the index, the overall market operation is stable, with a low front and a high back, showing a trend of steady progress."

"Faced with challenges such as a complex and ever-changing international environment and the deep adjustment of domestic economic structure, the country has continuously exerted efforts to promote consumption, stabilize growth, and combat internal competition, providing solid support for the smooth operation of the bulk commodity market," he said.

"Looking ahead to 2026, the strong resilience and enormous domestic demand potential of the Chinese economy remain the most solid foundation for the bulk commodity market," he said.

Among the 56 key monitored bulk commodities, 10 experienced price increases.

Thanks to the rapid growth of high-tech manufacturing industries such as new energy, photovoltaics and high-end equipment manufacturing, the performance of the nonferrous metal industry chain was on the rise, with an estimated year-on-year growth of 4.2 percent in price.

The estimated average price of agricultural products was 96.7, down 0.4 percent from the same period last year, demonstrating a relatively stable supply-chain balance in key agricultural products.

Data from the CFLP showed that the bulk commodity price index reached 114.1 in November, up 0.8 percent month-on-month and 1.6 percent year-on-year. The index has rebounded month-on-month for seven consecutive months, and showed a better performance than the same period last year.

On Friday, the CFLP and Putuo district in Shanghai signed a strategic agreement, aiming to combine their complementary advantages for win-win cooperation.

Experts said that the cooperation will not only inject momentum in upgrading the commodities industry in Putuo district, but also provide replicable and promotable examples for the standardization and internationalization of the national commodities sector.

Hu Guangjie, Party secretary of Putuo district, said: "Putuo district has an advantage in developing the commodity industry. For 30 years, based on location advantage, it has gradually evolved into a nationally renowned materials trading center."