10月份大宗商品市场总体保持稳中向好态势 景气水平持续回升

Core Insights - The China Logistics and Purchasing Federation reported that the commodity price index for October increased for the sixth consecutive month, indicating a recovery in the commodity market driven by government policies and improved business confidence [1][4]. Price Index Summary - The commodity price index for October stood at 113.2 points, reflecting a month-on-month increase of 1.2% [4]. - Among the 50 monitored commodities, 16 saw price increases, with electrolytic copper, corrugated paper, and coking coal leading the gains at 6.9%, 6%, and 6% respectively [4]. Industry Analysis - The non-ferrous metals price index rose by 3.5% due to increased global demand for new energy, traditional production peaks, and incidents in Indonesian copper mines and Icelandic aluminum smelting plants [7]. - The mineral price index rebounded by 0.7% thanks to a recovery in the construction industry [7]. - Conversely, the energy price index and chemical price index fell by 1.3% and 3.1% respectively, influenced by declining international oil prices [7]. Economic Outlook - Experts noted rapid growth in high-tech manufacturing, equipment manufacturing, and consumer goods sectors, alongside positive signals from US-China negotiations and the Federal Reserve's second interest rate cut of the year [10]. - Despite the optimistic outlook, global economic uncertainties persist, and some commodity prices remain low, indicating ongoing supply-demand imbalances [10].