Yiwu commodity index continued low

“Yiwu commodity index” is based on statistical index and statistical evaluation theory, uses the multi-layer two-way weighted synthetic index method, choose a series of index which is reflect the operation condition of yiwu commodity wholesale market, process comprehensive treatment, to reflect composite index of the yiwu commodity prices and market boom active degree, mainly consist of the commodity price index and commodity market sentiment index and several separate monitoring index.

Yiwu commodity index continued low, lead to parts of small company have become go out of business. Suffered from some factors influence such as human and raw material costs rose, and the RMB upvaluation for the dollar, many Zhejiang yiwu trade enterprises’ business have been suffered. According to the “China yiwu commodity index” information systems to show, April index is 1061.67 point, drop down 13.01 points, is the lowest in nearly four months, The high production cost make scale index and confidence index both drop down, respectively drop 10.2 points, 126.95 points. In recent days, the daily economic news reporter visited zhejiang yiwu China commodity city found that although many people come and go, but when dealer increases sales volume, meanwhile profit on a descenting trend. According to local businessman introduced, some enterprise trapped in order shrunk and high labor costs, have to e closure.

Yiwu commodity index for industry departments and local government accurate and timely to understand and grasp China even the world commodity trade dynamic, know commodity professional market operation condition, to provide basis foe formulate relevant industry policy and development planning; to provide business information for small commodity producers and operators, then product marketable commodity, choose operate variety and  restocked opportunity, to maintain a reasonable inventory, make better use of fund utilization rate; For the market regulator further raise the level of management, improve the service quality and create conditions. Meanwhile, leading the commodity consumption fashion, guide development direction for commodity, provide the most reference value market information for the consumers.