China's major ports see July container volume rise 3.4% as cargo slips

Summary

China Ports and Harbours Association data show major Chinese ports handled about 650 million tonnes of cargo in July, down 3.8% YoY, while container throughput reached 20.33 million TEU, up 3.4%. Ningbo hit 4.56m TEU (+5.9%) and Shanghai 4.68m TEU (+1.3%).