China's foreign trade volume down 9.6% Jan-Feb

Time:2020-03-09 08:47:11      Source:ChinaDaily.com
China's foreign trade volume totaled 4.12 trillion yuan ($592 billion) in the first two months of this year, falling 9.6 percent year-on-year, data released by the General Administration of Customs showed on Saturday.
 
The country's exports dropped by 15.9 percent to 2.04 trillion yuan and imports declined by 2.4 percent to 2.08 trillion yuan during this period.
 
In the meantime, China's foreign trade with the Association of Southeast Asian Nations and economies related to the Belt and Road Initiative rose 2 percent and 1.8 percent respectively.
 
The administration said though the novel coronavirus outbreak has caused certain impact on the country's exports and imports within a short term, China's foreign trade ability remains highly resilient. Chinese companies have strong adaptability and market development capabilities in dealing with the new situation.
 
The GAC has recently issued a number of policy measures including supporting the development of China-Europe freight train service and comprehensive bonded zones to help with work resumption at export-oriented firms and ensure stable trade flows amid the coronavirus outbreak.
 
 
 
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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