Container volume at many major ports in China increased in early July
Container throughput at China's eight major ports increased by 5.9% in early July compared to the same period last year.
Port of Shanghai (Photo: Imgur)
Export container volume increased by 7.6% while the growth rate of domestic volume remained at the same level of the previous year.
The port of Shanghai is recovering from the recent covid-19 outbreak and has seen container volume growth of 4.5% year-on-year.
At the beginning of July, container throughput at the three main ports on the Yangtze River, Nanjing, Wuhan and Chongqing, increased by 6.5%.
Cargo volume through key coastal ports increased by 2.6% while international trade volume increased by 1.1%.
Crude oil shipments at major coastal ports continued to decline and fell 13% year-on-year in early July.
Metal ore shipments at China's major ports increased by 16.4% while port inventories increased by 9.93%.
- Shanghai may be locked down again due to the Covid outbreak
- Shanghai Port returning to normal operation
- Container handling of Shanghai port drops 25% in April lockdown
Source: Phaata.com (According to Seatrade-Maritime)