Chinese exports continue to drive trade and support intra-Asia rates
Intra-Asia rates continue to be held up by Chinese exports. While a correction in Shanghai-South-east Asia ...
By Alison Koo
Intra-Asia rates are now more than 80% higher than before the US/Israel conflict against Iran, as bottlenecks hinder shipping lines’ attempts to move vessels out of the Middle East and refocus on Asia.
Drewry’s Intra-Asia Container Index shows that on 29 May, average intra-Asia ...
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