| | | | | 中国重要大宗商品价格变动情况 (2025年12月) | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 商品 | 本期价格 | 月环比 | 商品 | 本期价格 | 月环比 | 商品 | 本期价格 | 月环比 | | | (元/吨) | (%) | | (元/吨) | (%) | | (元/吨) | (%) | | 能源绝对价格 | 3899.5 | -0.2% | 黑色绝对什 | 4293.6 | 0.4% | 矿产绝对价 | 106.2 | 0.8% | | 天然气 | 5495.0 | 5.85 | 螺纹钢 | 3339.4 | 2.1% 砂石 | | 73.5 | 0.7% | | 柴油 | 6458.8 | -1.9% 线材 | | 3648.8 | 1.7% 7K泥 | | 346.8 | 1.3% | | 汽油 | 7475.6 | | 0.3% 普碳中厚板 | 3370.3 | | -0.9% 混凝土 | 136.8 | 0.3% | | 燃料油 | 4805.8 | -0.4% | 热轧板巷 ...

Core Insights - The China Commodity Price Index (CBPI) for August 2025 is reported at 111.7 points, reflecting a month-on-month increase of 0.3% and a year-on-year increase of 1.2% [1][3] - The index has shown a continuous month-on-month recovery for four consecutive months, indicating an expansion in enterprise production and operations due to government policies aimed at boosting domestic demand [1][3] - The upcoming traditional production peak seasons in September and October are expected to sustain the positive development trend in the commodity market, despite ongoing global economic uncertainties [1][3] Price Index Summary - The CBPI for August 2025 is 111.7 points, with a month-on-month increase of 0.3% and a year-on-year increase of 1.2% [3] - The energy price index is at 98.7 points, up 2.0% month-on-month but down 8.4% year-on-year [3] - The black metal price index is at 79.7 points, with a month-on-month increase of 2.2% and a year-on-year increase of 0.3% [3] - The non-ferrous metal price index is at 130.4 points, showing a month-on-month increase of 0.2% and a year-on-year increase of 6.4% [3] - The chemical price index is at 101.9 points, down 1.0% month-on-month and down 11.0% year-on-year [3] - The agricultural product price index is at 97.1 points, down 0.8% month-on-month and up 1.4% year-on-year [3] - The mineral price index is at 70.5 points, down 1.6% month-on-month and down 12.6% year-on-year [3] Commodity Price Movements - Among the 50 monitored commodities, 25 saw price increases while 25 experienced declines [5] - The top three commodities with the highest month-on-month price increases are coking coal (20.1%), neodymium oxide (19.1%), and lithium carbonate (16.6%) [5] - The top three commodities with the largest month-on-month price decreases are apples (-4.6%), methanol (-3.6%), and urea (-2.8%) [5] Market Context - The CBPI shows a divergence from the Producer Price Index (PPI) and aligns with the Consumer Price Index (CPI) trends [4] - The S&P 500 index reached a historical peak of 6508.23 points, supported by expectations of interest rate cuts in the U.S. and a weaker dollar, which bolstered confidence in the commodity market [4]