In June, the prosperity index of the logistics industry returned to more than 50%, and the activity of the logistics market continued to increase

2022-07-06

On July 4, the data released by the China Federation of logistics and purchasing showed that in June, the prosperity index of China's logistics industry was 52.1%, up 2.8 percentage points from the previous month, which is also the index that has returned to more than 50% again after three months. In the view of He Hui, assistant to the president of China Federation of logistics and purchasing, the data shows that with the continuous efforts of the economic stabilization policy and the improvement of the domestic epidemic prevention and control situation, business activities at both ends of the market supply and demand tend to be active. From the sub indexes, the 12 sub indexes have rebounded to varying degrees, including the total business volume index, new order index, inventory turnover index, equipment utilization index and employee index. It is expected that in the later stage, with the release of demand and the acceleration of production, the overall level of the logistics industry will return to a more active level. Specifically, in June, the new order index was 53.3%, up 4.5 percentage points from the previous month, rising for two consecutive months. It shows that the logistics demand has gradually rebounded, and the logistics orders have increased. Among them, the new order index of the express industry has rebounded significantly. In addition, with the acceleration of resumption of work and production in many places across the country, the business volume index and equipment utilization index also performed well. In June, the total business volume index was 52.1%, up 2.8 percentage points month on month; The equipment utilization index was 50.4%, up 2.1 percentage points month on month. "Driven by the overall positive demand for industrial logistics and consumer logistics, the logistics activity continued to increase in June, especially the total business volume index increased by 2.8 percentage points month on month." Hu enthalpy, a researcher at China Logistics Information Center, told the Securities Daily that in terms of industries, the business volume index of road transportation, warehousing and postal express delivery rebounded significantly. Among them, the postal express business volume index rebounded by more than double digits, reaching a high boom range of more than 60%. The two-way driving force of supply and demand is an important reason for the improvement of express logistics demand. It is worth mentioning that, according to Zhao Chongjiu, Vice Minister of the Ministry of transport, as of June 24, the national railway freight volume was 10.77 million tons, the road freight volume was 116 million tons, and the postal express received 336 million pieces and delivered 348 million pieces. Overall, with the improvement of the domestic epidemic prevention and control situation and the implementation of the transportation industry's enterprise assistance and relief policies, not only the main logistics indicators show a steady and positive trend, but also the industry's development expectations are getting better. This can be seen from the rebound of the expected index of business activities. Data showed that in June, the expected index of business activities was 54.9%, up 1.2 percentage points month on month. "In June, the logistics boom index showed that the national logistics activity continued to improve, and the logistics demand and supply capacity improved steadily. However, it should be noted that the stability and continuity of the recovery process of the logistics industry still need attention." Hu enthalpy pointed out that in the future, we should continue to pay attention to the driving force of macroeconomic recovery, which has a great impact on the strength and pace of the recovery of logistics demand. In addition, we should continue to pay attention to the rising operating costs of enterprises and the survival difficulties of small and micro enterprises. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Securities Daily

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