In the first half port transportation and production growth continued to fall
Reported that:According to the Ministry of Transport statistics show that foreign trade port throughput in the first half fell 0.6%, which is from the first half of 2009 to the first quarter of negative growth now, particularly iron ore, coal imports have experienced negative growth.
By the macroeconomic impact of commodity imports weak in the first half port transportation and production growth continued to fall. Ministry of Transport statistics show that in the first half, above-scale port cargo throughput 5670750000 tons, an increase of 2.6%. First half of the foreign trade port throughput fell by 0.6%, which is from the first half of 2009 to the first quarter of negative growth now, particularly iron ore, coal imports have experienced negative growth. Dragged down by weak imports, the growth rate fell significantly in the first half the coastal port cargo throughput growth of only 1.6%.
According to reports, shipping expert Chen Yi said weak external demand, unfavorable factors affect domestic economic restructuring, China's economic growth continued to decline in the first half, in particular investment decline, the industrial added value slowed, demand for commodities to form a larger pressure, so that the port transportation and production growth slowed further, and far below the GDP7% growth rate, indicating that the economic restructuring of the port production influence increased.
A quarter cargo throughput increased by only 2.2%, which is the lowest growth rate since 2009. Followed by steady growth overweight country, issued a number of key investment projects, port transportation and production began to heat up in the first half growth picked up to 2.6% level, compared with 5.6 percent growth over the same period last year, the growth rate decreased rapidly in the first half of this year the port ʱ??
By sluggish growth of fixed investment, especially real estate investment growth rate of decline, the domestic demand for imported commodities slowed down, coupled with the domestic coal price concessions on imports, foreign trade port throughput rapid decline in the first half, the growth rate was negative 0.6%, is the first time since 2009 quarters of negative growth. According to Customs statistics, in the first half, China imported 453 million tons of iron ore, coal, 99.87 million tons, compared with last year fell 0.9% and 38%, respectively, of two kinds of goods fell sharply direct result of foreign trade throughput is negative. "Crude oil imports in the first half reached 163.37 million tons, representing an increase of 7.5% last year, is the only rapid growth of cargo types, otherwise, foreign trade throughput decline is also large." Chen Yi expressed.
Customs data show that in the first half, China's general trade import and export 6.38 trillion yuan, down 6.3%. Among them, the general trade export growth of 6.3%. Boosted by the export trade, the port container throughput has been growing steadily in the first half growth rate reached 6.1 percent, the growth rate was flat with last year as a whole, which in May container throughput has nearly 18 million TEU, a new record high. In the next export season, breaking the mark integer is close at hand.
Analysts said the second half of the negative factors affecting import demand still exists, and iron ore, coal growth peak has ended, foreign trade throughput is expected in the second half is likely to continue to maintain negative growth. In addition, the second half of the port container throughput likely to fall further.
Danger signal: global trade growth stagnation.
Dutch CPB independent research organization recently released trade data (World Trade Monitor) showed that in May total global trade fell 1.2% in the first five months has been four months of decline, but in the past year rose only 1.2%. This increase is far below the global economic growth, as well as an average of 7% of the long-term goal.
British "Financial Times" also wrote that the global trade situation a few years ago began to deteriorate. 2010 was a rebound after the financial crisis, the fastest year trading, but then recovered. 2012 and 2013 world trade growth was only 3%, and now I am afraid that even this growth can not be achieved.
Central Europe shipping routes plunged below the fuel costs.
China Containerized Freight Index (CCFI), covering the spot market and contract shipping Chinese ports to major destinations in the world. The index fell in June to a multi-year low. Shanghai Containerized Freight Index (SCFI) is more pessimistic.
An Asian shipping company executives and a European shipping company executives told "The Wall Street Journal," said the EU-China container shipping routes are to make the company lose money. "At present, the fuel surcharge of $ 300 per container we want to lose $ 50."
They said: "Unless miraculous growth in demand, our next quarter, or even the second half of 2015 will suffer a great loss." Central Europe container shipping routes experienced a slump after a few months, it has fallen below the cost of fuel.
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