China News Service, Beijing, January 4 (Reporter Ruan Yulin) China Federation of Logistics and Purchasing released data on the 4th, showing that China's warehousing index in December 2021 was 51.6%, which is down 2.5 percentage points from the previous month, but it is still at 50%. The above expansion range shows that the storage industry is operating stably.

　　In terms of sub-indices, major sub-indices such as new orders, business volume, facility utilization, fee prices, ending inventory, and average inventory turnover have all remained above the rise and fall lines. The ending inventory and fee price indices have increased month-on-month. Located between 1.4 and 1.8 percentage points.

　　In December, the business volume index was 51.7%. Although it was down 5.3 percentage points from the previous month, it was still above the decline line, reflecting that the demand for warehousing business remained relatively stable despite the rapid growth in November.

　　In December, the ending inventory index was 54.2%, an increase of 1.4 percentage points from the previous month, reflecting the continued increase in the willingness of companies to replenish inventory.

Among them, consumer products such as food, textiles, and clothing performed well, and the inventory of bulk commodities such as machinery and equipment and mineral products increased significantly.

The average inventory turnover index was 51.8%, a decrease of 5 percentage points compared with the high base level of 56.7% last month, and it remained in the range of more than 50%, reflecting that the turnover of goods in and out of the warehouse was still operating efficiently.

From the perspective of subdivided varieties, steel, nonferrous metals, building materials, mineral products in bulk commodities, and food and medicine in consumer goods all show a relatively high level of turnover.

　　In December, the new order index was 50%, a decrease of 4.3 percentage points from the previous month; the business activity expectation index was 50.6%, a decrease of 4.3 percentage points from the previous month, dropping to the lowest level in the whole year.

The analysis believes that in the later stage, due to the severe cold weather and the approaching Spring Festival and other factors, the construction of infrastructure, real estate and other projects has gradually stagnated, and the demand for bulk commodities will enter the off-season.

With regard to the demand for consumer goods, the demand has weakened due to the reduction in online and offline promotional activities.

On the whole, the pressure on the operation of the industry may increase in the later period.

(Finish)