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China's April Warehouse Storage Index Reaches 51%, Maintains Expansion for Second Month

GateNews
According to the China Federation of Logistics and Purchasing, China's April warehouse storage index reached 51%, maintaining expansion for a second consecutive month. The index reflects steady growth in warehousing demand and smooth supply chain operations. The business activity expectation index for April stood at 55.1%, indicating optimistic market sentiment. Seasonal demand from production and construction, along with pre-holiday inventory buildup, drove increased storage needs across chemicals, coal, machinery, and consumer goods.
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