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Shanghai box volumes fall in July

Shanghai box volumes fall in July
Shanghai: Top container port Shanghai saw a rare contraction in July, with its container volumes falling 1.8% year-on-year according to recent port statistics.

Sequentially however, container throughput was still higher at 2.84m twenty-foot equivalent units (TEUs), from 2.77m in June.

The throughput figures could be an indicator of declining trade in July ahead of the release of key export data later this week.

TAGS: China