[Ferro-Alloys.com] China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month, and warehousing index registered 50.3 percent, presenting a month-on-month drop of 2.4 percentage points, China Federation of Logistics & Purchasing reported on April 6.
With the coronavirus outbreak coming under control and enterprises speeding up work resumption process, logistics sector witnessed a steady recovery. The huge market demand, which was suppressed by the epidemic, began to be released.
Different factors contributed to logistics prosperity, with inventory turnover index, new orders index, fixed-asset investment index and equipment utilization rate all maintaining significant rebound in April. However, the logistics service price index saw a downward trend month-on-month.
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- [Editor:kangmingfei]
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