Ferrosilicon Daily Express 5.8

  • Friday, May 8, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month.
[Ferro-Alloys.comChina'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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