Major Chinese ports container volume up 8.5% 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%.

Related: Major Chinese ports container volume up 3.2% in late Oct

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.