China’s road logistics price index edges up

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BEIJING, July 26 (Xinhua) — China’s road logistics price index edged up in the past week as recovering production activities supported logistics demand, the latest data showed.

The index stood at 985.97 points in the week ending July 24, up 0.08 percent from the previous week, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin’an Logistics Group.

While road logistics demand and trasportation capacity have gradually stabilized, incessant downpours in the country’s southern areas have slowed demand on some routes, the federation noted.

The index may continue to fluctuate and retreat in the coming weeks on falling demand in the off-peak season and weather impacts including high temperatures and rainfalls. Enditem

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