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In April 2024, the Commodity Supply and Demand Index (BCI) of the business community was 0.24, with an average increase of 1.88%.
The top three sectors were the non-ferrous sector, up 7.29%, the steel sector, up 4.02%, the energy sector, up 2.50%, the agricultural and sideline sector, down -1.96%, and the textile sector, down -0.45%.
Prepared by: Business Club
BCI Introduction:
1. BCI background
1. The relationship between supply and demand affects the price, and the price change reflects the change in the relationship between supply and demand.
2. The relationship between supply and demand affects economic operation, so monitoring changes in supply and demand can reflect the economic operation.
3. Bulk commodities are the most upstream of the national economy, so it is particularly important to monitor the supply and demand relationship of bulk commodities.
II. BCI formation
1. Select the 100 most representative basic raw materials in eight industries.
2. Statistics on the number of rising varieties and falling varieties per month.
3. BCI = (number of rising varieties - number of falling varieties) / total, and its value range is -1 to 1; 0 represents the balance point of supply and demand.
