China’s bulk goods market saw slower growth in July compared to the previous month, according to industry data.
According to the China Logistics and Purchasing Federation, the China Bulk Commodity Index, an indicator measuring the growth of the country’s bulk commodity market, stood above the 100 mark. % last month to reach 101.3%, down 0.2 percentage points from that of June.
The bulk commodity supply and inventory sub-indices continued to rise, while the bulk commodity sales sub-index showed a continued decline.
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