China's weekly export container shipping index up
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E-mail Xinhua, January 12, 2020
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BEIJING, Jan. 12 (Xinhua) -- China's index of export container transport rose in the past week, according to the Shanghai Shipping Exchange.
The average China Containerized Freight Index (CCFI) stood at 927.06, up 3.3 percent from a week earlier, according to the exchange.
The sub-index for the Mediterranean service led the increase with a week-on-week growth of 7.5 percent, followed by the Europe service and the South Africa route, which climbed 5.3 percent and 5.1 percent, respectively.
The CCFI tracks spot and contractual freight rates from Chinese container ports for 14 shipping routes across the globe, based on data from 22 international carriers.
The index was set at 1,000 on Jan. 1, 1998. Enditem
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