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Major Chinese ports container volume up 8.5% in early November

Photo: SIPG View of Shanghai container terminal
Container volume at eight major Chinese ports increased 8.5% year-on-year in early November.

Export container volume increased 9.2% while the domestic volume grew 6.6%. Growth of export container volume mainly comes from empty container returning.

Cargo throughput at major coastal hub ports rose 9.01%. International trade cargo throughput increased 3.96% while domestic volume grew 13.39%.

Crude oil shipments at major coastal ports posted a growth rate of 15.5% year-on-year. Growth rate at Qingdao, Yantai and Guangzhou all exceeded 10% while the port of Dalian achieved over 20% growth rate.

Metal ore shipments at major Chinese ports dropped 2.9% while the port inventory increased 2.34%.

In early November, the three major Yangtze river ports, Nanjing, Wuhan and Chongqing posted 11.6% growth for cargo throughput and 0.56% decline of container volume. 

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