China's large commodity market 'economic level continues to rise' - Chinese report

According to a recent release by the China Logistics and Purchasing Federation, China's bulk commodity price index rose 0.7% from the previous month and 1.3% from the same month last year to 113.4 in March.
The individual indexes were generally stable, with the non-ferrous metals price index showing strong growth and the agricultural product price index increasing for the third consecutive month.
The increase in the non-ferrous metals price index reflects the continued growth of related equipment manufacturing and high-tech manufacturing.
This led to a recovery in market demand, driving the price increase. In addition, the prices of basic metals such as copper and tin rose due to the impact of tariffs and other factors.
The agricultural product price index has risen for three consecutive months, indicating a recovery in the consumer market.
By item, of the 50 major commodities that the association focuses on monitoring, 16 items saw their prices increase in March compared to the previous month, while 34 items saw their prices fall.
The items that increased were urea (up 5.6%), apples (up 5.3%), refined tin (up 4.5%), etc. The items that decreased were coke (down 7.9%), styrene-butadiene rubber (down 4.5%), etc.
A source from the China Logistics and Purchasing Federation said, "The price index for large-volume commodities has risen for two consecutive months due to the acceleration of production and management activities by companies and the market outlook.
"This indicates a sustained rise in air quality."