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Container volume at many major ports in China increased in early July

Phaata Phaata

Container throughput at China's eight major ports increased by 5.9% in early July compared to the same period last year.

Shanghai port

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%.

 

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Source: Phaata.com (According to Seatrade-Maritime)

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