Core Viewpoint - In January 2026, China's warehousing index decreased to 51.9%, down 0.5 percentage points from December 2025, indicating a slight decline but still within the expansion range, reflecting a generally good operational status in the warehousing industry [1] Group 1: Warehousing Index and Business Volume - The business volume index stood at 52.2%, a decrease of 1.4 percentage points from the previous month, with steel, non-ferrous metals, food, and pharmaceuticals showing indices above 50%, while chemicals, coal, and daily necessities were below 50% [1] - The facility utilization index increased to 54.3%, up 0.3 percentage points from the previous month, indicating improved utilization of warehousing facilities [1] - The ending inventory index rose to 53.3%, an increase of 1.4 percentage points from the previous month, suggesting a rise in inventory levels [1] Group 2: Business Activity Expectations - The average inventory turnover index decreased to 51.9%, down 1.5 percentage points from the previous month, indicating a slight slowdown in turnover [1] - The business activity expectation index fell to 49.6%, a decline of 3.1 percentage points from the previous month, reflecting anticipated short-term fluctuations in demand as the holiday approaches [1] - Despite the expected short-term volatility, the overall demand foundation for the industry remains strong, with expectations for stabilization and improvement post-holiday [2]
1月份中国仓储指数为51.9% 仓储行业保持良好运行态势