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From January to July of 2009, the Accumulative Cargo Throughput of Chinese Ports Was 3.88 Billion Tons

www.shcri.com -- In July of 2009, the cargo throughput of Chinese ports was 610 million tons; from January to July, it added up to 3.88 billion tons, with a YOY increase of 3.9%. The cargo throughput along the coast was 420 million tons; from January to July, it added up to 2.68 billion tons, with a YOY increase of 3.5%. The inland cargo throughput was 190 million tons; from January to July, it added up to 1.2 billion tons, with an increase of 5.1%.

 

With the stimulation of predominant goods, the growth of Chinese coastal ports is faster than inland ports. Because of the fast and good increase predominant goods, the growth of coastal ports rises obviously. The growth rate is higher than the first half year by 1.3%. However, the growth of inland ports is relatively slow. The growth rate is higher than the first half year by only 0.2%, which affects the growth of the overall cargo throughput. Beneficial from the great increase of metallic minerals and mine construction materials, as well as the rapid rebound of coal, some 100-million-ton grade ports keep growing fast. The growth rates of the month of Dalian Port, Yingkou Port, Rizhao Port and Zhoushan Port were all over 20%. The growth rates of ports in Tongxhan Port and Fuzhou Port even surpassed 50%. Since 2009, the southern costal ports have been in a weak position. But most of them increased by over10% in July. It also first happened in Guangzhou Port. Beneficial from the rebounding demands for the domestic coal, the throughput of Qinhuangdao Port grew for the first time. On the contrary, the growth rates of large ports with leading cargo throughput like Shanghai Port, Ningbo Port and Shenzhen Port lagged behind, which had a bad impact on the cargo throughput of the overall cargo.

 

From January to July of 2009, Chinese foreign-trade cargo throughput rose month by month. In July, the foreign-trade cargo throughput was 190 million tons. From January to July, it added up to 1.2 billion tons, with a YOY increase of 1.9%. Among them, the costal ports completed 170 million tons in July and accumulatively completed 1.1 billion tons from January to July. The YOY increase was 1.1%. The inland ports completed 15 million tons in July and accumulatively completed 100 million tons from January to July. The YOY increase was 12%. Stimulated by the domestic demand of the national economy, China had a large demand for predominant goods like iron ores, coal, crude oil and beans. The import volume increased greatly. Besides, the decrease of foreign-trade containers slowed down. Therefore, the growth rate of the foreign-trade cargo throughput from January to July was higher than the first half year by 1.2% and the momentum was better month by month. Beneficial from the sharp increase of predominant goods, the 100-million-ton grade ports like Dalian Port, Tongxhan Port, Rizhao Port, Suzhou Port and Nantong Port had a foreign-trade growth rate of that month of over 20%. However, large southern ports like Shanghai Port, Guangzhou Port and Shenzhen Port had a negative growth and they greatly affected the whole foreign trade. Beneficial from the warming-up of the domestic infrastructure construction, basic materials like mine construction materials, iron and steel and concrete were in great demand, which promoted the increasing of cargo throughput of domestic goods. From January to July, the cargo throughput of domestic goods increased by 4.9% YOY, higher than that of the foreign trade by 3%. Obviously, the internal trade was very strong.

 

From January to July of 2009, Chinese container throughput grew higher than the first half of 2009 by 1%. The container throughput of northern ports grew steadily. The container throughput of Qingdao Harbor, Lianyungang was good; especially the container throughput amplitude of Yingkou Port and Tianjin Port surpassed double figures. The decreasing amplitude of Shanghai Port and Ningbo Port which performed weakly in early days shrank obviously. The throughput of Guangzhou Port turned from negative to positive for the first time. In July, the container throughput of ports was 10.56 million TEU; from January to July, it added up to 66.73 million TEU, with a YOY decrease of 9.9%. The throughput of costal ports was 9.52 million TEU; from January to July, it added up to 60.21 million TEU, with a YOY decrease of 9.6%. The throughput of inland ports was 1.04 million TEU; from January to July, it added up to 6.52 million TEU, with a YOY decrease of 12.7%.

 

Source: China Research and Intelligence

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