Oct container throughput drops at Ningbo

Container throughput at East China's Ningbo port declined in October from September, mainly due to sluggish demand from the United States and the European Union.

Estimates show there were 38.65 million tons of goods through the port in October, up 14.8 percent from a year earlier, while container throughput was 1.41 million teu (twenty-foot equivalent unit), up 14.2 percent on an annual basis

But container throughput dropped 11 percent in October from a record 1.59 teu in September.

Located in the heart of China's container supply center in the Yangtze River Delta, and driven mainly by demand in the US and the EU, Ningbo's performance in recent years has been impressive during the two months.

About 90 percent of the port's container throughput is foreign trade and officials expect 10-percent total annual growth.

lijiabao@chinadaily.com.cn