CMST(SH:600787) Zhi Tong Cai Jing·2026-02-06 06:13Core Viewpoint - The China Logistics and Purchasing Federation and China Storage Development Co., Ltd. report a slight decline in the warehousing index for January 2026, indicating a continued positive trend in the warehousing industry despite the drop [1] Group 1: Warehousing Index - The warehousing index for January 2026 is reported at 51.9%, a decrease of 0.5 percentage points from the previous month [1] - The index remains in the expansion zone, suggesting a good operational status for the warehousing industry [1] Group 2: Sub-Indices Performance - The facility utilization index increased by 0.3 percentage points to 54.3%, with machinery and agricultural products showing higher utilization rates [2] - The ending inventory index rose by 1.4 percentage points to 53.3%, with non-ferrous metals and building materials having higher inventory levels [2] - The business volume index decreased to 52.2%, down 1.4 percentage points, with steel and food products maintaining indices above 50% [1][2] Group 3: Future Outlook - The business activity expectation index fell to 49.6%, a decline of 3.1 percentage points, indicating a potential contraction in the upcoming months due to weather and holiday factors [3] - It is anticipated that after short-term fluctuations, the index will stabilize and show positive trends again [1]