中物联：7月份中国大宗商品价格指数环比上涨0.5%

Core Insights - The China Logistics and Purchasing Federation reported that the China Bulk Commodity Price Index (CBPI) for July 2025 is 111.4 points, reflecting a month-on-month increase of 0.5% and a year-on-year decrease of 2.7% [1] - The index has shown positive growth for three consecutive months, indicating optimistic expectations among enterprises and a stable recovery in the market, maintaining an overall expansion trend [1] - The implementation of national policies aimed at reducing internal competition and enhancing macroeconomic counter-cyclical adjustments is expected to support a continued stable improvement in the bulk commodity market [1] Industry Analysis - Despite the positive trends, the global bulk commodity prices are experiencing increased volatility, and there are significant external uncertainties and instabilities [1] - Certain industries are still facing challenges such as insufficient effective demand and increased operational pressures, highlighting the need for further efforts to solidify the economic recovery and stimulate internal growth and innovation [1] - The bulk commodity circulation industry plays a crucial role in expanding domestic demand, stabilizing growth, and promoting development, which is essential for the overall economic landscape [1]