China Federation of Logistics and Purchasing: The warehousing index reached a new high in January at 52.5%, the highest in ten months.

The China Federation of Logistics and Purchasing released the Warehousing Index for January, with a reading of 52.5% in January 2025, an increase of 1.9 percentage points from the previous month. Yang Biao, the Vice General Manager of China Merchants Development Co., Ltd., believes that the Warehousing Index for January has significantly rebounded to reach a new high in the past ten months. Driven by the growth in holiday consumption demand, new orders in warehousing have continued to grow rapidly, the turnover rate of goods has increased, companies are actively stocking up with optimistic expectations, inventory levels are rising, indicating the warehousing industry's continued development towards a positive trend and a good start. Looking ahead, in February, influenced by weather and holiday factors, the index may show a contraction trend, but companies generally have optimistic expectations for the future market. It is expected that after a short-term fluctuation adjustment, the index will return to a stable and positive trend. The Warehousing Index for January 2025 was 52.5% According to a joint survey conducted by the China Federation of Logistics and Purchasing and China Merchants Development Co., Ltd., the Warehousing Index for January 2025 was 52.5%, an increase of 1.9 percentage points from the previous month. In terms of sub-indices, compared with the previous month, the new order index, end-of-period inventory index, average inventory turnover index, and business activity expectations index have all risen, with increases ranging from 1 to 3.9 percentage points; the facility utilization index remained above 50%, showing a slight decrease of 0.1 percentage points. Yang Biao, Vice General Manager of China Merchants Development Co., Ltd., believes that the Warehousing Index for January has significantly rebounded to a new high in the past ten months. Driven by the growth in holiday consumption demand, new orders in warehousing have continued to grow rapidly, the turnover rate of goods has increased, companies are actively stocking up with optimistic expectations, inventory levels are rising, indicating that the warehousing industry's positive operational trend continues to deepen, achieving a good start. Looking ahead, in February, influenced by weather and holiday factors, the index may show a contraction trend, but companies generally have optimistic expectations for the future market. It is expected that after a short-term fluctuation adjustment, the index will return to a stable and positive trend. The new order index was 51.9%, an increase of 3.9 percentage points from the previous month. By category, the new order indices for food, household appliances, and machinery equipment were above 50%, while those for steel, mineral products, and pharmaceuticals were below 50%. The facility utilization index was 51.9%, a decrease of 0.1 percentage points from the previous month. By category, the facility utilization index for food, household appliances, and machinery equipment was above 50%, while those for steel, non-ferrous metals, mineral products, and pharmaceuticals were below 50%. The end-of-period inventory index was 53.2%, an increase of 1 percentage point from the previous month. By category, the end-of-period inventory indices for food, household appliances, agricultural and sideline products, and machinery equipment were above 50%, while those for steel, chemical products, and pharmaceuticals were below 50%. The average inventory turnover index was 53.2%, an increase of 1 percentage point from the previous month. By category, the average inventory turnover indices for food, household appliances, agricultural and sideline products, non-ferrous metals, machinery equipment, and mineral products were above 50%, while those for steel and chemical products were below 50%. The business activity expectations index was 51.9%, an increase of 3.9 percentage points from the previous month. The original text is from "China Logistics and Purchasing Network", edited by GMTEight: Liu Xuan.