China major ports container volume fell 0.6% in late Oct

Export container volume dropped 0.8% while the domestic volume just declined 0.1% in late October. Among which, the port of Tianjin and Dalian posted a growth rate of over 10% for export container volume.

Cargo throughput at major coastal hub ports increased 4.8% year on year while international trade cargo throughput up 3%.

Crude oil shipments at major coastal ports back to growth and posted an increasing rate of 15.1% year on year. The port of Rizhao posted a growth rate of over 100%. Port inventory declined 6.7%.

Metal ore shipments at major Chinese ports increased 8.9% while the port inventory increased 15.2%. The port of Ningbo-Zhoushan and Rizhao posted a growth rate of over 20%.

In late October, cargo throughput at three major Yangtze river ports, Nanjing, Wuhan and Chongqing, slightly increased 0.6%. Container volume dropped 1.6% year on year.

For the whole month of October, cargo throughput at major Chinese coastal ports increased 0.3% year on year. The container volume at eight major ports increased 0.4%.

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