The Zhitong Finance App learned that the China e-commerce logistics index for June 2024, which was jointly released by the China Federation of Logistics and Purchasing and JD Group, was 114.8 points, increasing to 0.9 points. Among the sub-indices, the total business volume index, rural business volume index, inventory turnover index, logistics timeliness index, fulfillment rate index, satisfaction rate index, personnel index, and cost index have improved, and the actual load rate index has declined slightly.

The increase in the e-commerce logistics total business volume index increased. In June, the total e-commerce logistics business volume index was 132.9 points, up 3.1 points from the previous month. By region, the total business volume index has increased in all regions of the country. The western region saw the biggest increase, and the eastern region surpassed the national average.

The rural e-commerce logistics business volume index is rising at an accelerated pace. In June, the rural e-commerce logistics business volume index was 132.1 points, up 2.4 points from the previous month. By region, the total business volume index has increased in all regions of the country. The eastern region saw the biggest increase, while the eastern and central regions surpassed the national average.

The logistics timeliness and satisfaction rate indices continued to rise, and the compliance rate, personnel and actual load rate indices fluctuated at high levels. In June, the logistics timeliness and satisfaction rate indices were 102.6 points and 102.2 points respectively, and both achieved four consecutive months of recovery, reaching new highs in the past two years and four years respectively. The personnel index rebounded 0.3 points, the compliance rate index remained the same as last month, and the actual load rate index fell 0.4 points, all exceeding last year's average.

The inventory turnover index stopped falling and rebounded, and the cost index rose slightly. In June, driven by an accelerated rise in demand, the inventory turnover index increased 0.7 points from the previous month, reversing a three-month continuous downward trend. The cost index was 0.3 points higher than the previous month, and the corporate cost level remained high.

Both supply and demand sides of the e-commerce logistics market increased significantly in June. The overall e-commerce logistics index rebounded for four consecutive months, and the increase further expanded. From the demand side, during the “6.18” period, live streaming delivery formats showed more diverse characteristics and maintained a good growth trend. According to relevant data, during the “6.18” period in 2024, sales of integrated e-commerce platforms reached 571.7 billion yuan, live e-commerce sales reached 206.8 billion yuan, and instant retail channel sales reached 24.9 billion yuan. The total business volume index and rural business volume index increased by 3.1 points and 2.4 points respectively. Compared with the same period last year, they both increased by more than 30%. Unlike previous years, this year's “618” e-commerce platform's move to abolish the pre-sale system and switch to spot sales added more uncertainty to the supply chain and placed higher demands on the stability and pressure resistance of fast logistics companies to fulfill contracts.

Various enterprises are actively exploring new models, making every effort to guarantee the delivery needs of merchants and consumers through measures such as reserving operation resources in advance, applying intelligent digital technology, and providing customized services, and supply capacity has been further unleashed. The inventory turnover index stopped falling and rebounded, and the logistics timeliness, fulfillment rate, satisfaction rate, and actual load rate indices all remained high. Overall, e-commerce logistics showed an accelerated upward trend in June, continuously reaching new index highs. Later, with the temporary end of large-scale e-commerce promotions, e-commerce logistics demand will slow down somewhat in July, but the high level of activity in the e-commerce logistics market is expected to continue.