China Ningbo Containerized Freight Index (South America routes) rises

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NINGBO, Jan. 8 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI) reported a rise in freight indices in the east South America routes.

The NCFI, reflecting freight rate changes of 21 routes departing from the Ningbo-Zhoushan port, stood at 2,498.5 points on Friday, up 0.2 percent compared with last week.

The sub-readings for the the east coast of South America route quoted 4,977.5 points, up 8 percent from last week respectively.

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

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