On June 5, the China Commodity Index (CBMI) in May 2022, surveyed and released by the China Federation of Logistics and Purchasing, was 101.3%, up 1.6 percentage points from the previous month.Among the sub-indices, the supply and sales indexes both bottomed out and rebounded, and the inventory index fell. In particular, the sales indexes of all commodities showed an upward trend, indicating that the impact of the epidemic is weakening, and the effects of various policies to stabilize growth and protect people's livelihood have begun to show. Both the supply and demand sides of the market are being repaired, and the production and operation activities of enterprises are showing positive signs.
Zheng Lei, chief economist of Samoyed Cloud Technology Group, told the "Securities Daily" reporter, "There are many reasons for the recovery of CBMI. Among them, the rise in the price of some commodities is the main factor."
The sub-indices showed that in May, the commodity supply index stopped falling and rebounded, rising by 1.0 percentage points from the previous month to 100.8%. The smooth flow of freight and logistics has alleviated the tight supply of raw materials to a certain extent. In addition, the work of ensuring supply and stabilizing prices has continued to achieve results. Production enterprises have gradually resumed work and production, product output has begun to rebound, and commodity supply has been guaranteed.
In May, the commodity sales index stopped falling and rebounded to 102%. The index rebounded to the highest point since May 2021, indicating that the effects of policies to stabilize growth and protect people's livelihood began to show, market demand was recovering, and commodity sales were active. The organization of enterprise orders is gradually smooth.
When talking about how to help the production and operation of enterprises return to normal, Fu Yifu, a senior researcher at Xingtu Financial Research Institute, told the "Securities Daily" reporter that on the one hand, it is necessary to continue to ensure the supply and price of bulk raw materials, promote the stable operation of prices, and strengthen bulk commodities. Spot and futures market supervision, crack down on collusive price hikes, price gouging and other violations of laws and regulations, and help enterprises to carry out production and operation smoothly and orderly; It also provides subsidies such as loan interest, social security subsidies, etc., and actively arranges special funds for the relief of small and medium-sized enterprises to improve the operating conditions of small and medium-sized manufacturing enterprises.
Li Dawei, a researcher at the China Logistics Information Center, said that looking forward to the commodity market in June, after a full adjustment, with the gradual improvement of the epidemic situation, the implementation of various policies and the gradual implementation of force, the market demand is expected to rebound against the season, and commodity prices may rise. Ushered in a repair rebound.
Zheng Lei said that at the end of May, the regulatory authorities announced a series of policies to support the economy, stabilize growth, and protect people's livelihood. The effect may be reflected in June, and CBMI is expected to continue to rise.
Our reporter Meng Ke
(Editor in charge: Jiang Ninglu)
