The decline in global container freight prices is accelerating

Due to the increasing capacity surplus in the global container freight market, the decline in prices continued to accelerate for the seventh consecutive week.

The World Container Index, prepared by international shipping data and consulting company Drewry, was released in a one-week period ending September 5th. %8 is down. Decline the previous week %It was on level 3.

According to the statement made by Drewry, the spot freight pricing of the 40 ⁇ container in the said week decreased from 5 thousand 181 dollars to 4 thousand 775 dollars.

The rate of increase in the index compared to the same week last year %It was 184.

The average freight price since New Year's has been calculated at $4,127. That's $1,313 more than the 10-year average of $2,814.

Prices are at $1,420, the pre-pandemic level. ove 236, the 10 thousand 377 dollars he saw during the pandemic period was is below.

Freight prices on the Shanghai-Rotterdam line fell, while the Rotterdam-Shanghai line fell %He's down to level two. Thus, prices decreased from $7,204 to $6,219 in Shanghai-Rotterdam and from $622 to $612 in Rotterdam-Shanghai.

Shanghai-Los Angeles Line %3 dropped from $6,248 to $6,30, while the Los Angeles-Shanghai line %It went from $710 to $714 in an increase of one.

Shanghai to New York %2nd, New York-Shanghai %1 on the Rotterdam-New York line. increase was recorded.

foreks.com