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Major Chinese ports container volume up 1.2% in late January

Photo: SIPG SIPG (002).jpg
Container volume at eight major Chinese port slightly increased 1.2% year on year in late January as Lunar New Year approached.

Export container volume increased 2.9% while the domestic volume declined 5% in late January. 

Cargo throughput at major coastal hub ports increased 0.4% year on year while international trade cargo throughput dropped 2.9%.

Crude oil shipments at major coastal ports posted an increasing rate of 5.5% year on year. The port of Rizhao posted a growth rate close to 30%. 

Metal ore shipments at major Chinese ports increased 13.8% while the port inventory increased 28.9%. The port of Ningbo-Zhoushan posted a growth rate of over 30%.

Cargo throughput at three major Yangtze river port, Nanjing, Wuhan and Chongqing declined 7.3% while the container volume increased 21.2%.

Port production at Chinese ports entered into the traditional low season in January due to the coming of Lunar New Year. For the whole month of January, cargo throughput at major Chinese coastal ports increased 3% year on year, while the container volume at eight major ports increased 2.5%. 

 

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