Land-sea freight route from west China links more ports worldwide

Time:2020-07-27 14:22:59      Source:Xinhuanet.com

A land-sea freight route, jointly built by provincial-level regions in west China and Singapore, had linked 234 ports in 92 countries and regions, as of June 30, sources with the route's operation platform said Thursday.

The land-sea route is part of the New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by western China provincial-level regions and Singapore under the framework of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity.

Chongqing is a center of operation for the corridor, with goods from western China provinces and regions shipped to the Beibu Gulf in Guangxi Zhuang Autonomous Region before they are transferred to other parts of the world along sea routes.

The latest statistics from the route's operation platform showed that 386 trips were made along the route in the first half of 2020, while the route had seen a total of 1,966 trips from its official opening in September 2017 to June 30 this year.

Goods transported along the route covered more than 350 categories including automobiles and auto parts, chemical raw materials and products, light industry and pharmaceutical products and fresh and frozen goods, according to the route's operation platform.

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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