China Drying Technology Co., Ltd. reported that the bulk commodity supply and demand index (BCI) for August 2012 was 0.22, and the monitored 100 varieties had an average increase of 0.30%, reflecting the expansion of the manufacturing economy from the previous month. The growth momentum of growth shows a trend of growth and the economy shows signs of stabilizing.
It is understood that BCI> 0 reflects the expansion of the manufacturing economy; BCI <0, reflecting the contraction of the manufacturing economy; BCI = 0, reflecting the steady state of the manufacturing economy.
Among the eight sectors monitored by BCI, the largest increase was in the textile sector, which rose by 2.83%; the agricultural and side effects rose by 1.58%, and the colored increase was 1.48%; the largest decrease was in the steel sector, which was -4.88%, and the energy decline was -0.89%.
According to statistics from the Business Club before this year, the BCI index was -0.69 in June this year, reflecting that the manufacturing economy continued to contract in the month compared to last month and the economy has not yet stabilized. In July, the BCI index rebounded to 0.04, reflecting that the manufacturing economy expanded during the month compared to last month and the economy showed signs of stabilizing.
In July and August, the "healing" period for the commodity market, and for the upcoming "Golden 9 Silver 10", he is more optimistic, out of the healing market or will usher in a wave of market.
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