N China port sees robust trade in H1

Time:2019-08-13 09:17:33      Source: xinhuanet.com

The port in northern China's Tianjin Municipality saw 159.3 billion yuan (22.7 billion U.S. dollars) of seaborne trade with countries and regions participating in the Belt and Road Initiative (BRI) in the first half of this year.

Tianjin Customs data showed the trade volume grew 9.7 percent in H1 year on year, among which imports reached 52.15 billion yuan, up 27.9 percent year on year, the customs said Monday.

Crude oil, agricultural products and automobiles are the top three import items in the port. The import of natural gas increased by 1.7 times year on year to 2.37 billion yuan, according to the customs.

The trade with the Association of Southeast Asian Nations in the port reached 59.42 billion yuan in H1, accounting for 37.3 percent of the total. The port also saw 13.65 billion yuan of trade with the European Union in H1, up 25.1 percent year on year.

With trade links with over 180 countries and regions, the Tianjin port now plays an important role in the BRI. Its container throughput reached 8.33 million tonnes in H1, a year-on-year growth of 6.7 percent, higher than the average growth of Chinese ports.

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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