August throughput volumes reported so far continue to show weakness, with month on month (MoM) declines. Shanghai port has reported a -3.0% MoM drop compared to July volumes and a -3.4% YoY drop compared to August last year, in an early indication that overall volumes are already softening even though most of the main ports have not yet reported their August handling volumes. Singapore reported -0.7% MoM while Hong Kong reported -3.2% MoM for August.