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Chinese port container volumes up in early July

Photo: SIPG View of Shanghai container terminal
Container volume at eight major Chinese ports increased 5.9% year-on-year in early July.

Export container volume increased 7.6% while the domestic volume growth rate remained the same level of last year’s. The port of Shanghai was recovering from the last wave of covid-19 outbreak and achieved container growth of 4.5% year-on-year.

Cargo throughput at major coastal hub ports increased 2.6% while international trade cargo throughput increased 1.1%.

Crude oil shipments at major coastal ports further declined and dropped 13 % year-on-year in early July.

Metal ore shipments at major Chinese ports grew 16.4% while the port inventory increased 9.93%.

In early July, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing, increased 1.3% and 6.5%, respectively. 

 

TAGS: Asia