China's cargo transport maintains fast growth momentum

Time:2020-12-21 17:16:08      Source:Xinhuanet.com
China's cargo transport industry maintained fast growth momentum in November as economic activities normalized amid effective epidemic control, industry data showed.
 
The China Transportation Services Index (CTSI) stood at 173.6 points last month, down 2.9 percent year on year, according to the China Academy of Transportation Sciences (CATS).
 
The decrease was basically flat with the drop recorded in October.
 
The sub-index for cargo transport stood at 198.4 points last month, up 7.4 percent year on year, keeping the same growth rate as that of October.
 
The passenger transport sub-index recorded a decline of 24.5 percent year on year, expanding by 0.9 percentage points from October.
 
China's cargo transport has scored a growth streak of seven months, and its passenger transport is still in the process of recovering, said a CATS official.
 
The CTSI incorporated the transport volume of passengers and cargo of various transportation means including railways, highways, waterways and civil aviation. With 2010 as the base year and 100 points as the base value, the index includes passenger transport and cargo transport as two sub-indexes. 
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-18
Shuozhou 5200 435 0 FOR 06-18
Ordos 5500 415 0 ex-mine 06-18
Yulin 6200 535 0 ex-mine 06-18
Liulin Low-sulphur 560 0 ex-mine 06-18
Gujiao Low-sulphur 1095 0 FOR 06-18
Xingtai Low-sulphur 1210 0 ex-Factory 06-18
Yangquan PCI 770 0 FOR 06-18
Index RMB/t WoW WoW% Date
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