China's Jul commodity price index dips 1.3% MoM, up 15.5% YoY

China's commodity price index stood at 128.6 points in July, down 1.3% MoM but up 15.5% YoY, data from the China Federation of Logistics and Purchasing showed on Aug 5. Among 50 commodities under the federation's key monitoring, 14 posted month-on-month price gains in Jul, with coke, praseodymium neodymium oxide and corrugated paper leading the increases at 7.1%, 6.4% and 5.6%, respectively.

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