Tuesday, 02 January 2024 12:17 GMT

China index of export container freight decreases on Fri.


(MENAFN) The Shanghai Shipping Exchange showed that China's index of export container shipping decreased in the last week ending on Friday.

Moreover, the exchange declared that the average China Containerized Freight Index (CCFI) reached 2,978.47, declining 0.9 percent from last week.

The decrease was controlled by the sub-reading for the Southeast Asia Service with a weekly decline of 6.8 percent, and Korean Service increased 14.3 percent.

Derived from statistics from 22 international carriers, The CCFI follows spot and pledged shipping prices from Chinese container ports for 12 transport ways, globally.

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