China sees increase in February's export container shipping index


(MENAFN) China's container transport for export purposes have recovered in February despite dropping demand on some routes.

According to the Shanghai Shipping Exchange, the average China Containerized Freight Index (CCFI) jumped to 886.56 in February, up 3.5 percent from a month earlier.

The index averaged 869.34 in the first two months of the year, sharply up from an average of 817.8 for 2018.

Last month, the sub-index for Mediterranean route saw the strongest rally of 10.4 percent, while that for the Australia/New Zealand route declined 1.7 percent from January.

MENAFN1703201900450000ID1098263970


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.