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Container volume at major Chinese ports up 4.3% in mid-July

The container throughput at eight major Chinese ports increased 4.3% year-on-year in mid-July.

Export container volume increased 4.5% and the ports of Tianjin and Shenzhen Yantian posted over 15% growth rate.

Cargo throughput at major coastal ports increased 7% year-on-year, the export cargo throughput increased 6.4%.

Crude oil shipments at major coastal ports increased 20.2% year-on-year, with the growth rate of Rizhao port and Yantai port in Shandong province exceeded 50%. The port inventories increased by 38.3%.

Metal ore shipments at major ports increased 4.5% year-on-year while inventory volume up 1.8%.

Due to production shut down at several terminals along Yangtze river caused by flood, the cargo throughput at three major Yangtze river ports, Nanjing, Wuhan and Chongqing, sharply declined 21% comparing to the same period of last year, and the container volume increased 5.6%.

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