中文(chinese)

Current Position: Home > Month Index Analysis > CONTEXT
  • Monthly Prosperity Index Analysis in 2019/06

  • Source:Yiwu · China Commodity Index Author:Yiwu · China Commodity Index 2019-07-26
  •     According to the monitor of “Yiwu • China Commodity Index”, which is also called “Yiwu Index”, the monthly prosperity index of June 2019 amounted to 1144.33 points, with a falling range of 0.17% month on month and 4.15% year on year. While the monthly price index of June 2019 amounted to 100.19 points, with a rising range of 0.06% month on month and 0.18% year on year. In June, with the summer-related products coming to the market frequently, the market was in the summer cyclical sales season,. The variety expansion degree index and commodity’s turnover rate index climbed, and summer-related Daily Necessities, Small Home Appliances and Leisure & Entertainment Products were selling well both in retail and wholesale. At the same time, due to the coming of rainy season, the rain-related industry market was popular, while it had a small impact on the number of merchants. The market popularity index did not increase significantly after the end of Ramadan, and the benefit index and scale index were consolidating.
        I. Analysis for the Composition of the Prosperity Index
        The monthly prosperity index of June 2019 amounted to 1144.33 points, down 1.92 points month on month with a declining range of 0.17% and down 49.56 points year on year with a declining range of 4.15%. The monthly prosperity index can be divided into the following sub-indices:
        1. Scale Index
        The Scale Index of June 2019 counted up to 888.45 points, down 1.16 points with a decreasing range of 0.13% month on month while up 6.63 points with a rising range of 0.75% year on year. The Market Popularity Index and the Variety Expansion Degree Index were increased by 0.39% and 0.07% respectively, while the Trade Turnover Index and the Trade Volume Index were decreased by 0.44% and 0.04% month on month respectively.
     Among the Scale Index of 15 major categories, 9 of them have gone up, such as Arts & Crafts , Jewelry, Toys, Hardware & Electrical Materials, Electronics & Electrical Appliances, Sports & Entertainment Products, Knitting & Weaving Products, Daily Necessities and Accessories & Packaging. The maximum increase is 8.82% (Jewelry). While another 6 of them have fallen at different degrees, such as Timepieces & Eyewear, Stationery & Office Supplies, Apparel & Accessories, Shoes, Suitcases & Bags and Personal Care. The maximum decrease is 14.84% (Timepieces & Eyewear).
        2. Benefit Index
        The Benefit Index of June 2019 counted up to 1619.71 points, down 1.16 points with a decreasing range of 0.07% month on month and down 185.62 points with a decreasing range of 10.28% year on year. In this month, the Average Gross Profit Index, the Fund’s Turnover Rate Index and the Commodity’s Turnover Rate Index were increased by 1.68%, 0.78%, 7.5% respectively month on month while the Commodity’s Gross Profit Ratio Index was decreased by 7.20% month on month.
        Among the Benefit Index of 15 major categories, 8 of them have gone up, such as Arts & Crafts, Jewelry, Toys, Stationery & Office Supplies, Sports & Entertainment Products, Knitting & Weaving Products, Suitcases & Bags and Accessories & Packaging. The maximum increase is 42.84% (Jewelry). While another 7 of them have fallen at different degrees, such as Hardware & Electrical Materials, Electronics & Electrical Appliances, Timepieces & Eyewear, Apparel & Accessories, Shoes, Personal Care and Daily Necessities. The maximum decrease is 30.51% (Timepieces & Eyewear).
        3. Confidence Index
        The Confidence Index of June 2019 amounted to 1010.1 points, down 3.71 points with a decreasing range of 0.37% month on month while up 11.55 points with a increasing range of 1.16% year on year.
        Among the monthly Prosperity Index of 15 major categories, 8 of them have gone up. The monthly Prosperity Index of Jewelry, Sports & Entertainment Products and Arts & Crafts have stayed in forefront, increased by 14.31%, 11.19% and 8.86% respectively month on month. The monthly Prosperity Index of Sports & Entertainment Products and Knitting & Weaving Products have kept on rising for two consecutive months. And the monthly Prosperity Index of Jewelry, Arts & Crafts, Accessories & Packaging, Toys, Stationery & Office Supplies and Electronics & Electrical Appliances have rebounded in June.
        Among the monthly Prosperity Index of 15 major categories, the other 7 of them have fallen. The monthly Prosperity Index of Timepieces & Eyewear, Shoes and Apparel & Accessories have stayed in forefront, decreased by 19.43%, 4.24% and 3.23% respectively month on month. The monthly Prosperity Index of Suitcases & Bags, Shoes and Timepieces & Eyewear have fallen after rise in this month, while the monthly Prosperity Index of Personal Care, Hardware & Electrical Products, Daily Necessities and Apparel & Accessories have kept on falling for two consecutive months.
        II. Analysis for the Composition of the Monthly Price Index
        The monthly price index of June 2019 amounted to 100.19 points, up 0.06 points with a rising range of 0.06% month on month and up 0.18 points with a rising range of 0.18% year on year. Among that, the Export Trade Price Index, Online Exchange Price Index, Market Order Price Index and Direct Transaction Price Index were increased by 0.49%, 0.47%, 0.14% and 0.12% respectively month on month.
        Among the monthly Price Index of 15 major categories, 9 of them have gone up. The monthly Price Index of Timepieces & Eyewear, Knitting & Weaving Products and Personal Care have stayed in the forefront, increased by 1.41%, 0.85% and 0.58% respectively month on month. Among that, the monthly Price Index of Timepieces & Eyewear,Daily Necessities, Suitcases & Bags and Arts & Crafts have kept on rising for two consecutive months from May. While the monthly Price index of Knitting & Weaving Products, Personal Care, Sports & Entertainment Products and Apparel & Accessories have rebounded in this month.
        Among the monthly Price Index of 15 major categories, the other 5 of them have fallen. The monthly Price Index of Hardware & Electrical Products, Toys, Accessories & Packaging have stayed in the forefront, decreased 1.42%, 0.74% and 0.41% respectively month on month. Among that, the monthly Price Index of Accessories & Packaging and Hardware & Electrical Products have kept on falling for two consecutive months from May, while the monthly Price Index of Electronics & Electrical Appliances,Jewelry and Toys have fallen after rise in June.
        The monthly Price Index of Stationery & Office Supplies maintained the same level with last month.
        III. Analysis for the June’s Market Condition
        i. Seasonal product sales are booming.
        With the coming of summer, the temperature rose rapidly. The summer-related products came to the market frequently and the merchants were actively stocking. The sales of Jewelry, Knitting & Weaving Products and Electronics & Electrical Appliances were booming. The Prosperity Index of these categories have increased 125.99 points, 66.06 points, 9.8 points respectively month on month. In June, with the coming of rainy season, the frequent rains increased the sales of rain gear industry to a certain extent. The sales of rain boots, ponchos and umbrellas increased. As a rusult, the Prosperity Index of rain boots and rain gear industry increased 81.9 points and 27.05 points month on month respectively.
        ii. Summer effect promotes domestic market.
        With the coming of summer vacation, summer schools were popular, which increased the sales of Stationery & Office Supplies. The Benefit Index of Stationery & Office Supplies increased 47.7 points month on month. Among Stationery & Office Supplies, the Benefit Index of Paper Products, Stationeries and Writing Tools increased 410.95 points, 44.28 points and 30.6 points respectively. What’s more, the number of families travelling with children for summer vacation increased, which promoted the sales of Personal Care and Arts & Crafts to a certain extent. The sales of sunscreens, moisturizing masks, shampoos, lopsticks, etc. increased, which pushed the Prosperity Index of Personal Care up 157.05 points. The Prosperity Index of Daily-use Crafts and Artistic Crafts increased 135.51 points and 67.49 points month on month respectively, which realized a good trading volume and an increasing trend of the sale.
        iii. Foreign merchants returned at the end of Ramadan, and foreign trade atmosphere has been active.
        As the Ramadan ended, foreign merchants returned to the market continuously and foreign trade orders were increased which showed an increasing trend of the sale. The foreign trade of Accessories & Packaging and Toys have been increasing gradually. The Prosperity Index of them were increased 59.57 points and 39.41 points month on month respectively. Products such as Novelty Toys, Remote Control Toys, Accessories and Packaging were selling well both in retail and wholesale. However, due to the macroeconomic factors such as the uncertainties in Sino-US trade consultations, some industries were still facing certain upward pressure. Sales of some industries such as Hardware & Electrical Products, Apparel & Accessories and Shoes were decreased and the Prosperity Index of them were decreased 25.8 points, 36.92 points and 47.0 points month on month respectively.
        IV. Analysis for the Marketing Trends
        i.With the ending of the Ramadan, foreign merchants will return to the market continuously and the volume of foreign trade will increase in the future. The trade volume in some industries such as Jewelry, Sports & Entertainment Products, Arts & Crafts, Knitting & Weaving Products, Accessories & Packaging, Toys, Stationery & Office Supplies and Electronics & Electrical Appliances will be periodic heavy and the market is expected to rise continuously.
        ii. The summer economic benefits will continue to enlarge and the consumption demands of some industries will be further released. And the market is expected to be stabilized.