The export container transportation market is stable, and the freight rates of most routes have fallen
According to the "Weekly Report on China's Export Container Transportation Market" released by the Shanghai Shipping Exchange on April 29, the overall market of China's export container transportation market was basically stable this week, and there was no obvious shipment before the "May 1st" holiday. During the peak period, the freight rates of most routes showed a downward trend, dragging down the composite index.
European route
This week, the transportation demand remained stable, the relationship between supply and demand was basically balanced, the market freight rate continued to fluctuate slightly, and the spot booking price dropped slightly this week.
North American routes
The North American route signing season is coming to an end, the transportation demand is generally stable, and the fundamentals of supply and demand remain balanced. However, the market freight rate failed to maintain the previous price increase results, and the spot booking price showed a trend of adjustment this week.
Japan routes
The transportation market was basically stable, and the market freight rate rose slightly.
Persian Gulf route
Affected by the traditional Ramadan in the destination country, the transportation demand lacks further growth momentum, the fundamentals of supply and demand are basically stable, and the market freight rate has fallen after continuous rises.
Mediterranean route
The transportation market is basically synchronized with the European route, and the market freight rate rises slightly.
Australia and New Zealand routes
The demand for various materials in the local market continued to perform poorly, and the relationship between supply and demand was relatively weak. The market freight rate continued to decline this week.
South American routes
The growth of transportation demand is sluggish, and the fundamentals of supply and demand have weakened. The market freight rate continued to drop this week.
A number of recent economic data show that China's economic recovery is in good condition. In the future, China's export container shipping market is expected to continue to maintain a stable and positive trend.