Major Chinese ports container volume up 8.5% in late May

Export container volume up 13% while domestic volume dropped 6.3%. The sharpest rise in volumes was for the port of Shenzhen which posted a growth rate of over 60%.

Shanghai gradually resumed factory production and the supply chain started to improve with the port posting a container volume growth of 0.8% year-on-year. The average daily handling volume grew 4.7% comparing with mid-May.

Cargo throughput at major coastal hub ports declined 0.9% while international trade cargo throughput increased 2.6%.

Crude oil shipments at major coastal ports up 13.8 % year-on-year in late May. Among which the port of Dalian posted a growth rate of 35%.

Metal ore shipments at major Chinese ports dipped 7.2% while the port inventory increased 12.03%.

In late May, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing, increased 3% and 46.1%.

For the whole month of May, container volume at eight container ports increased 4.1% year-on-year. The international trading container volume rose 7.4% while inland trading volume dropped 5.6% affected by covid-outbreaks happened in some major port cities.

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