China Ningbo Containerized Freight Index (Middle East routes) drops slightly

0 Comment(s)Print E-mail Xinhua, October 10, 2020
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NINGBO, Oct. 10 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI) reported a slight decline in freight indices in the Middle East routes.

NCFI, a wind vane of China's busiest port's freight rates for the international container shipping market, stood at 1,179.7 points on Friday, up 1.4 percent compared with last week.

The sub-reading for the Middle East routes quoted 961.8 points, down 2.6 percent compared with last week.

Reported every Friday (except Chinese holidays), the NCFI was first published in September 2013. Enditem

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