Container volume at major Chinese ports up 3.2% in early July
Container volume at eight major Chinese ports slightly increased 3.2% year on year for the beginning of July.
According to the statistics released by China Ports and Harbors Association, export container volume increased 6.2% while the domestic volume declined 5.8% in early July.
Some of the vessels servicing for domestic market had been deployed on export trade routes due to a sufficient supply of export cargos.
Cargo throughput at major coastal hub ports dropped 3.5% year on year while international trade cargo throughput also declined 2.6%.
Crude oil shipments at major coastal ports dropped 21.7% year on year. Port inventory increased 4.3%.
Metal ore shipments at major Chinese ports declined 3.5% while port inventory increased 16.9%.
In early July, three major Yangtze river ports, Nanjing, Wuhan and Chongqing posted a growth rate of 6.5% and 12.9% for cargo throughput and container volume, respectively.
About the Author
You May Also Like