Business Treasure Wants To Build An Economic Barometer To Push China'S First "Commodity Index".

Recently, the economic community is concerned that China's economic growth is facing a sharp decline.

Not long ago, the business agency announced by the official micro-blog (weibo.com/shengyishe) that it had successfully predicted the turning point of the national economic growth in one month ahead of schedule, which is more than that of the Chinese Manufacturing Purchasing Managers Index (PMI) released on HSBC 23 this month.

This is by far the first case in China to use micro-blog to launch the economy.

Because commodities are in the upper reaches of the national economy, their price fluctuation is frequent, which affects the downstream manufacturing industry widely.

To this end, net Sheng business treasure (002095, SZ) announced in December 1st that its commodity data provider "100ppi.com" will release China's first commodity index, "commodity demand".

In response, Zhu Xiaojun, President of the business community, said that the price of commodities was determined by two factors, namely, downstream manufacturing demand and upstream commodity supply, and the supply of commodities in general did not change substantially in the short term. Therefore, the change of downstream manufacturing demand is a short-term important factor affecting commodity prices.

Accordingly, by tracking the price changes of commodities, it can almost reflect the changes in manufacturing demand and the prosperity of the industry in real time.

Therefore, the "commodity demand index" has four characteristics: scientific, simple, real and real time. It can reflect not only the change of manufacturing demand and the level of prosperity, but also the operation of macroeconomy.

According to the press, 100ppi.com has set up more than 1000 major commodities, including energy, chemical, rubber, plastic, nonferrous metals, steel, textile, building materials and agricultural subsidiary sub branches, covering more than 8000 commodities that are closely related to the national economy, and dynamically tracking the market situation of more than 8000 raw material production enterprises, more than 20000 circulation enterprises and 12 downstream enterprises. At the same time, covering more than 20 futures markets and more than 200 electronic trading markets in New York, such as the commodity exchange and the Shanghai commodity exchange, it is the industry data monitoring and collecting unit of the Ministry of industry and the Ministry of industry, etc., and its data are widely used as the decision-making basis of government ministries, industrial enterprises, securities institutions, futures institutions, and banking institutions.