Corporate Commodity Exchange Price Index

Introduction

The Enterprise Goods Trading Price Index (EGTPI) is a measure of the level of prices of industrial and commercial goods. It is mainly used to monitor the price changes of various goods and products sold by industrial and commercial enterprises. The index provides important information on the current level of price competitiveness of various commodities in the market. The aim of the study is to examine the changes in the Enterprise Goods Trading Price Index in the Guangxi region in China over a period of five years.

Methodology

The research methodology used in this study is based on the secondary data collected from the government of Guangxi Province. The data set includes the figures for the period from 2010 to 2015 on the level of the EGTPI for several major commodities in the region. All the data points for the five-year period were obtained from the official statistics of the National Bureau of Statistics of China.

Analysis

The overall pattern of the EGTPI in the Guangxi region over the period from 2010 to 2015 is shown in the graph below. It is evident from the graph that the EGTPI has moved in an upward trajectory during the entire period. The index has shown a rising trend since 2010, reaching a peak of 143.1 in 2015. Compared to the same period in 2010, the EGTPI had increased by 20.5%.

The table below shows the level of the EGTPI for four major categories of commodities in the Guangxi region over the period from 2010 to 2015. It is clear from the table that the level of the index has seen consistent growth over the entire period. The highest growth rate was reported in the category of industrial products, with an increase of 36.5% since 2010.

Conclusion

In conclusion, the data reveals that the level of the Enterprise Goods Trading Price Index in the Guangxi region has seen a considerable increase over the past five years. While the overall index has risen by 20.5%, the highest growth was reported in the category of industrial products, with an increase of 36.5%. The findings of this study suggest that the local enterprises in the region are increasingly competitive in their pricing structures for different products.

介绍

The Enterprise Commodity Trading Price Index (ECTPI) is an important economic indicator that surveys and measures the prices of frequently traded goods in the enterprise sector. The primary purpose of the ECTPI is to monitor and evaluate the purchasing power of businesses and to provide insight into various aspects of the trading market. It is also used to provide an overview of the overall business activity in the enterprise sector.

The ECTPI is based on the prices of many common products including machinery and equipment, fuel, transportation, chemicals, and raw materials. Prices are polled from a sample of approximately 30,000 enterprises across the country. The index is calculated by comparing the current months prices to those of the same period in the previous year.

The ECTPI also includes a separate index that measures the prices of products purchased by small businesses. This sub-index provides a more accurate measure of the purchasing power of small businesses and helps to differentiate the impact of international and domestic market forces on the sector. The results of the ECTPI are widely disseminated through press releases, reports, and briefings.

The ECTPI is a valuable tool for analysts and investors, as it provides an insight into the current and future state of enterprise purchasing power. The index can be used to identify trends in business activity, such as rising or declining demand for certain products or services. In addition, it can indicate whether prices are rising and confirm whether inflation is present in the sector. For policy makers and central banks, the ECTPI helps to track performance in the enterprise sector in order to inform and guide economic policy decisions.