Traffic moderated at major ports in June

By: |
August 02, 2021 7:00 AM

Container volumes at 902kTEUs were relatively stronger, clocking a 3.7% CAGR vs June-19.

Meat, dairy and poultry products witnessed 31.1% jump in shipments to $1.55 billion from $ 1.18 billion. The cashew export witnessed 28.5% growth to $ 185 million from $ 144 million.Meat, dairy and poultry products witnessed 31.1% jump in shipments to $1.55 billion from $ 1.18 billion. The cashew export witnessed 28.5% growth to $ 185 million from $ 144 million.

Major ports’ volumes moderated to ~58.6mnt in June 2021 (-3% m-m), posting 1% CAGR vs June-19. POL and coal volumes were weak, with POL volumes declining at a 2.9% CAGR vs June-19 and coal volumes declining at a 3.4% CAGR.

Container volumes at 902kTEUs were relatively stronger, clocking a 3.7% CAGR vs June-19.

In tonnage terms, container volumes clocked a 5.8% CAGR, recording strong growth despite the global container shortage.

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