Major Chinese ports box volume growth slows to 2.5% in late August
September 20, 2022 GENERAL
Cargo throughput at major coastal hub ports also dropped 2.4%. The international trade cargo throughput declined 3.7% while domestic volume fell 1.23%.
Crude oil shipments at major coastal ports up 5.6% year-on-year. Among which the port of Qingdao and Yantai from Shandong province posted a growth rate of over 20%.
Metal ore shipments at major Chinese ports increased 6.8% while the port inventory grew 24.36%.
Cargo throughput at three major Yangtze River ports, Nanjing, Wuhan and Chongqing achieved positive growth in late August, slightly increased 2% and 4.9% year-on-year.
For the whole month of August, container volume at eight major coastal ports increased 3.3% while the cargo throughput of hub ports grew 0.7%.
Source: https://www.seatrade-maritime.com/ports/major-chinese-ports-box-volume-growth-slows-25-late-august