China Storage Index in June 2016 to 50.6%

China Federation of Logistics and Purchasing and Reserve Development Co., Ltd. joint investigation in June 2016 China Warehousing index was 50.6%, down 0.6 percentage points from the previous month, the fourth consecutive month located in expansionary territory. The sub-index, the index of the volume of business, facility utilization index, the index of business profits, the main business cost index, the average inventory turnover index have rebounded last month, ending stocks index, the index of business activity is expected last month flat, remaining indices have different levels of decline.
Composed of 21 commodities in June 2016 ending stocks index was 49.4%, unchanged from last month. Variety of view, steel, nonferrous metals, timber and other commodities and food production, textiles and other subsistence commodities index lower ending stocks.

Assistant General Manager of Reserve Development Co., Ltd. Yong said: index in June fell slightly, indicating that the storage industry is running, there is still downward pressure. The new orders index continued to decline, ending stocks index and unchanged from last month, is still less than 50% shrinkage range, reflecting as steel, non-ferrous metals production industry into the traditional off-season consumption, weaker market demand, stocking decline. However, the overall index and the new orders index for four consecutive months in the top 50% of the critical point, the high index of business activity is expected to stabilize, indicating that the industry overall stabilizing the situation has not changed
Traffic index back to expansionary territory. In June, the index was 51.8% of the volume of business, picked up 2.4 percentage points from the previous month, to return to expansionary territory, reflecting the storage industry business after a short break to continue steadily into the orbit, the smooth running of the good fundamentals have not changed . Variety of view points, commodity business volume indices of steel, nonferrous metals, building materials, wood, clothing, sluggish performance, business volume index of coal, mineral products, cotton, textiles, etc. are active.
Turnover efficiency continue to accelerate. In June, the average inventory turnover index was 53.1%, 1.8 percentage point rise from the previous month, reflecting the warehousing industry demand, sales activity, access to library activities accelerated.
Increased utilization facilities. June, ending stocks index was 49.4%, unchanged from last month, reflecting the stocking industry as a whole continued to decline slightly. June, facility utilization index was 53.1%, 2.5 percentage points last month, picked up.
Pay price index fell slightly. In June, the prices charged index was 48.8%, slightly down 0.6 percentage points from the previous month, nearly five months has been running in the inter-cell, reflecting the warehousing business-related service charges narrow the price decline, but the trend is flat.
Business cost index, the business profit index both rise. In June, the main business cost index was 51.8%, 2.4 percentage point rise from the previous month, the business profit index was 50.0%, 3.7 percentage point rise from the previous month, reflecting the recent storage industry demand, speed up the efficiency of the overall economic benefits of the industry decline has eased, but the charges prices fell, increasing business costs and other issues remained to be resolved.
Employees index fell. June, employees index 49.4%, down 1.9 percentage points from the previous month, due to the steel, nonferrous metal production industry into the off-season and the arrival of the wheat harvest season, the number of employment officers warehousing industry will be reduced accordingly.
From the late trend, the new orders index was 51.2%, slightly down 1.9 percentage points from the previous month, the fourth consecutive month located above the ups and downs, the business activity index is expected 58.0% last month, slightly down 0.8 percentage points, reflecting warehousing industry demand growth slowed slightly, but still increasing storage industry as a whole on the industry outlook is expected to remain optimistic.

China Storage Index survey shows
1. Major Indicators
China Storage Index system is based on a set of storage companies, through efficient method of investigation to detailed, dynamic data, an indicator of system operations and warehousing industry domestic market supply and demand of major commodities and changing trends.
China stock index storage by the end of the period, new orders, and the average number of employees in the inventory cycle four weighted index synthesis.
2. The survey covered a range of
China Storage Index survey system includes two categories of production and consumer goods. The survey area will cover the entire country (except Hong Kong, Macao, Taiwan and Xinjiang, Tibet, etc.) of major cities and regions. Surveyed firms primarily for social support services and third-party warehousing logistics enterprises. Mainly refers to integrated warehouse and specialized warehouses. It does not include the company's own self-storage warehouse and users.
3. Calculation Method
China Storage Index includes a comprehensive index construction and 11 individual indicators. Diffusion index method uses a single index. Composite weighted composite index method.
The formula of single index:
That is a positive answer to answer the same percentage plus half percent.
DI = "Add" option percentage × 1 + "flat" option percentage × 0.5
The composite index is calculated:
China Storage Index = ending stocks × 30% + 25% + of new employees in order × × 25% + average inventory turnover × 20%