Container volume at eight major Chinese ports increased 3.3% year-on-year in mid-January, says an article published in Seatrade Maritime News.
3.3% volume increase
Statistics released by China Ports and Harbors Association showed an increase of 3.3% container volume at eight major Chinese ports year-on-year in mid-January.
Domestic trade volume
The domestic trade volume increased 17.5% year-on-year, among which the port of Tianjin, Qingdao, Shanghai, Ningbo-Zhoushan and Xiamen all posted a growth rate of over 20%.
Export volume
However, the export container volume declined 0.4%.
Crude oil shipments
Crude oil shipments at major coastal ports slightly increased 1.6% year-on-year, among which the port of Rizhao and Guangzhou posted a growth rate of over 20%.
Metal ore shipments
Metal ore shipments at major Chinese ports increased 10.1% year-on-year, among which the port of Tianjin and Rizhao posted over 10% growth rate. The port inventory declined 4.2%.
Cargo throughput
Cargo throughput at major coastal Chinese ports increased 0.9% year-on-year while the foreign trade cargo volume increased 2.5%.
As the Chinese Spring Festival is nearing, cargo demands from the Yangtze river region are showing a consistent drop.
The cargo throughput at three major Yangtze river ports, Nanjing, Wuhan and Chongqing declined 0.2% and the container volume also dropped 1.4% year-on-year.
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Source: Seatrade Maritime News
