Chinese container ports showed solid growth in June this year despite continued supply chain disruption with an increase of 6.3% on the same month in 2021. However, June 2021 saw the closure of much of Yantian International Container terminal due to a Covid outbreak.
While container volumes were up overall cargo throughput was down 0.4% in June 2022 compared to the previous year.
In late June 2022 the rate increase slowed slightly to 5% year-on-year. Export container volume up 4.1% while domestic volume grew 7.8%.
Cargo throughput at major coastal hub ports increased 2.9% while international trade cargo throughput dropped 0.6%.
Crude oil shipments at major coastal ports fell 9.9% year-on-year. The port of Rizhao posted the highest rise in volume with a growth rate of 45.4%.
Metal ore shipments at major Chinese ports increased 2.9% while the port inventory grew 8.7%.
In late June, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing, increased 7.9% and 33.3%, respectively. Among which, the port of Wuhan achieved a substantial growth of 117% for container throughput.
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