China's weekly export container shipping index down

0 Comment(s)Print E-mail Xinhua, March 23, 2024
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SHANGHAI, March 23 (Xinhua) -- China's export container shipping index declined in the week ending on March 22, according to the Shanghai Shipping Exchange (SSE).

The SSE said that the average China Containerized Freight Index (CCFI) recorded a decrease of 2.6 percent from the previous week to 1,244.83.

Bucking the trend, the sub-index for the Southeast Asia service registered the biggest week-on-week rise of 3.3 percent.

The CCFI tracks spot and contractual freight rates at Chinese container ports for 12 shipping routes globally based on data from 22 international carriers.

The index was set at 1,000 on Jan. 1, 1998. Enditem

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