The Shanghai Stock Exchange announced the latest SCFI composite index today (11), showing an 8th consecutive drop to 4625.06 points, a continuous drop of 121.92 points from last week, the lowest point since December last year, and the freight rates of the three major long-haul routes fell across the board. , the US West Line fell slightly by 5 Dollarto 8105 Dollarthe US East Line fell 44 Dollarto 10634 Dollarthe lowest point since mid-December last year, and the European line not only fell to 7019 Dollarand even came to a new low price since mid-July last year.
However, freight forwarders pointed out that the comprehensive on-time rate index of major global routes in February was only 27.85%, which was slightly higher than the previous month, but it was still quite low. The terminal union will start negotiations, and it is not ruled out that there may be a strike before the end of June. It is expected that the port congestion problem will not ease before the first half of the year.
The freight rate of the US West Line has turned down once more this week, and the freight rate per FEU (standard 40-foot container) has reached 8105 Dollarslightly down 5 Dollarshowing the situation of port congestion and the shortage of shipping space, which caused the freight rate to fluctuate in high-end. Dollarto 10634 Dollara 2.5-month low.
And the freight rate per TEU for the European line (standard 20-foot container) comes to 7019 Dollardown 368 from last week Dollarfell 5%, has been seven consecutive declines.
Taihua (2636-TW) Chairman Yan Yicai stated a few days ago that last year, container shipping was smooth sailing, and this year will also be smooth sailing. Should be fine.
