The Shanghai Containerized Freight Index fell 1.3 percent from last Friday to a reading of 825.10.
The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell 1.3 percent since last week’s reading of 825.10 to a reading of 814.01.
Since last week, rates on the Shanghai to Northwest Europe trade fell from $869 TEU to $788 per TEU, while rates from Shanghai to the Mediterranean fell from $728 per TEU to $710 per TEU.
Meanwhile, rates from Shanghai to the U.S. West Coast fell from $1,809 per FEU last week to $1,687 per FEU today, while rates from Shanghai to the U.S. East Coast fell from $2,671 per FEU to $2,623 per FEU.
SCFI falls 1.3%
