HPH Trust: According to MOC, total container throughput at the eight major ports in China grew by only +1.1% in January. Pearl River Delta (In where HPH Trust Operates) was the worst performing, declining -2.7% yoy, followed by the Yangtze River Delta region with a mild increase of +1.7%, whereas the Bohai Rim saw the highest throughput growth of +5.4%.
The Pearl River Delta region saw a mere increase of +0.1% yoy. Yantian Port decreased by -5.7% yoy, whereas Jinjiang slowed significantly by -41.6% yoy. Guangzhou was up +27.9% yoy.
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