Major Chinese ports volumes slump mid-September due to typhoon

Export container volume at eight major Chinese container ports declined 13.6% year-on-year while the domestic volume declined 9.7%. The port of Shanghai, Ningbo-Zhoushan and neighboring ports had to shut down temporarily due to the typhoon.

Cargo throughput at major coastal hub ports declined 15.8% year-on-year while the international trade cargo throughput dropped 15.1%.

Crude oil shipments at major coastal ports dropped 16% year-on-year, while metal ore shipments at major Chinese ports declined 9.2%.

Cargo volume at three major Yangtze river ports further shrank in mid-September. The container volume and cargo throughput at Nanjing, Wuhan and Chongqing declined 8.2% and 20.7%, respectively.