Receive FREE Newsletter
Advanced Search
+

News / Asia-Europe spot rates still under pressure as slack season looms

dreamstime_s_84916752
© Woraphon Banchobdi
By

The Shanghai Containerized Freight Index (SCFI) slumped a further 5% this week to a composite rate of $735.91 per teu as spot rates surprisingly came under pressure ahead of the Chinese Golden Week holiday.

The SCFI has been in steady decline in past weeks, falling some 16% ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Asia-Mediterranean Asia-North Europe Rates: the eternal tango SCFI Transpacific Trade