中国消费原材料价格图表：（2025 年 10 月）及对股市的影响-China Consumer Raw Materials Price Chartbook-Raw Materials Price Movements (Oct-25) and Stock Implications

November 24, 2025 12:45 PM GMT M Idea China Consumer: Raw Materials Price Chartbook | Asia Pacific Raw Materials Price Movements (Oct-25) and Stock Implications In this month's summary of key raw material price trends and implications for relevant Hong Kong/China consumer stocks, we highlight the decline in milk powder prices, corn prices and hog/ pork/piglet prices, while metal prices saw an uptick. Implications for stocks: Yili (600887.SS, OW), Mengniu (2319.HK, OW): Similar to 2024, raw milk prices have ...