NingboLife and NingboExpat since 2004 - In July, the Port Prosperity Index Fell by 6% Month-on-month, and More than 80% of Enterprises Expect Business Volume to Stabilize or Increase

In July, the Port Prosperity Index Fell by 6% Month-on-month, and More than 80% of Enterprises Expect Business Volume to Stabilize or Increase

Details: Category: Ningbo Port; Published: Tuesday, 31 August 2021 14:03

According to the latest analysis report of Ningbo Port Index released by the Ningbo Shipping Exchange, the port prosperity index in July was 114 points (100 points is the dividing line), a month-on-month decrease of 6% and a year-on-year decrease of 5.4%; the port enterprise confidence index was 111.7 points (100 points was Divide line), up 2.1% month-on-month and 4.3% year-on-year.

The World Health Organization has recently reminded that this year may not be able to completely control the epidemic, and new variant strains may appear. Domestically, in July, some companies entered the equipment maintenance period. With the impact of the "fireworks" and "Chapaka" double typhoons, the temporary suspension of production in many coastal ports, and the extreme weather such as floods in some areas affected the coal transportation on the Daqin line. It can be seen that port production has dropped significantly. The prosperous indexes of containers, dry bulk, liquid bulk, and general cargo were 123.1 points, 113.9 points, 100.6 points, and 104.6 points, respectively, down 5.1%, 5.6%, 11.2%, and 0.8% month-on-month, and down 0.7%, 3.8% year-on-year. %, 15.4%, 12.2%.

In terms of sub-indices, the production index index was 101.8 points, a decrease of 3.9% month-on-month and a year-on-year decrease of 7.7%. The financial index index was 105.8 points, an increase of 0.4% month-on-month and a year-on-year decrease of 8.5%. The efficiency index index was 101 points, a month-on-month decrease of 6.1% and a year-on-year decrease of 8.4%.

Recently, there have been outbreaks in many places in the country, but the prevention and control strategy of "prevention from external input, internal defense against rebound" and normalized prevention and control measures can be controlled as a whole. Coupled with the obvious advantages of my country's industry and strong ability to adapt to changes in demand, enterprises still have sufficient confidence in the next stage. The report shows that the corporate confidence index of container, dry bulk, liquid bulk, and general cargo was 116.4, 118.3, 109, and 105 points, respectively, up 1.2%, up 4.7%, up 1.1%, and down 2.3% from the previous month. The year-on-year increase was 11.7%, 13.8%, 0.4%, and 0.9% respectively.

Judging from the feedback from the index editorial board companies, 40% of the companies believe that the overall operation of the industry is good, an increase of 5.6 percentage points from the previous month; 82.9% of the companies expect a stable or increased business volume, an increase of 32.8 from the previous month Percentage points; 57.1% of port companies believe that their expected profits will remain stable, an increase of 0.9 percentage points from the previous month