AI Data Insight
In Q4 2026, China's EPMI inventory surged significantly to 55.5, a strong leap from the previous value of 50.4 and firmly above the boom-bust line. Benefiting from the seasonal "autumn peak" expectations, companies' willingness to actively restock has strengthened; however, hidden concerns over slowing export momentum also pose a risk of passive inventory accumulation in some areas, requiring close monitoring of terminal destocking speeds going forward.