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Bulk commodity market grows

China's bulk commodity market grew steadily in April with stable expansion in supply and sales, industrial data showed. The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood at 104.8 percent in April, up 1.7 percentage points compared with March, according to the China Federation of Logistics & Purchasing. This marked the second consecutive month of CBMI growth, pointing to an improving business environment in the bulk commodity sector. Both the sub-indices for bulk commodity supply and sales expanded compared with the previous month.