China sees steady railway cargo growth in Jan.-Sept.

Time:2019-10-28 09:39:03      Source: xinhuanet.com

China's railway network registered steady growth in cargo transport in the first three quarters of the year, data from the China State Railway Group Co., Ltd. showed.

The country's state-operated railways handled over 3.15 billion tonnes of cargo in the past nine months, an increase of 181 million tonnes, or up 6.1 percent year on year.

During the period, the average number of daily loaded cargo trains expanded 7 percent to around 150,000, with September seeing the highest monthly level of 159,200 trains.

In breakdown, cargo volume of cold-chain logistics and containers climbed by 31.7 percent and 31.2 percent year on year, respectively.

Logistics costs were slashed by 7 billion yuan during the period as efforts were stepped up to lower freight rates and miscellaneous fees, according to the company.

China aims to increase its total railway cargo volume by 30 percent from 2017 level to reach about 4.8 billion tonnes in 2020, a three-year government action plan unveiled last year said.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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