News / Carriers hope price hikes will hold as spot rates fall in CNY doldrums

ID 348331224 | Cargo © Peterbabnik8 | Dreamstime.com

31/01/2025

Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.

As a result of the two-week public holiday in China, the Shanghai Containerised Freight Index (SCFI) has suspended publication until ...

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