December 2, 2008

                       
Shanghai ports grains export from January to October fell by 33.8 percent
                  

 

The export of grains via Shanghai ports in the first 10 months of 2008 fell by 33.8 percent and grew by 15.5 percent over the same period one year earlier.

 

Monthly export has started dropping since March and the figure hit the lowest of merely 3,000 tonnes in August, slumping 83.9 percent over a year earlier, and reached 10,000 tonnes in August, a year-on-year fall of 44.8 percent.

 

Average export price of paddy and rice was US$624.2 per tonne, climbing 58.4 percent over a year earlier, bean at US$636 per tonne, up 25.4 percent.

 

The export to Papua New Guinea and ASEAN countries arrived at 28,000 tonnes and 7,000 tonnes, taking 28.4 percent and 7.6 percent of the total export and the export to Africa got to 28,000 tonnes, surging 2.7 times and accounting for 28.5 percent.