Out-of-stock dumps are fermenting
The situation of stockpile and dumping is still fermenting! There are new signs this week-using boxes shortage! The freight forwarding in Qingdao reflects the shortage of small boxes of many shipping companies in the area, which cannot meet the needs of the cargo owners! The market is turbulent again!
Affected by this, the latest "average transaction price of China's export containers" shows that the overall freight rate has increased again.
The average transaction price of European routes rose for four consecutive weeks, and it is in a steady upward trend. It was reported at $ 800 per 20-foot container, an increase of 108% over the same period last year. Freight rates on the Mediterranean route increased by 10% from last week to $ 650, an increase of 54% from the same period last year. The freight rates on North American routes have stabilized and rebounded, which are both higher than the same period of last year. The US West Coast routes and the US East Coast routes were reported at about $ 1,500 and $ 2,000 respectively.
下 Under the pull of the main routes, the freight rates of other routes have performed exceptionally
In addition, the owner of the goods sent to Europe, the United States and South America, please pay attention to it, please attach the MADE IN CHINA label to avoid that the destination port cannot be cleared and high fines are generated.
According to foreign media reports, the business climate index of enterprises in Central Europe is rising, especially for German companies. The business climate judgment index for October rose to 110.5 from 109.5 in September. This is the highest level since April 2014. In October, the Czech economic confidence index was 97.5 (Note: the average index in 2005 was 100), an increase of 0.4 percentage points from last month, reaching the highest value this year.
The market is sending a signal of improvement, and shipping companies need to effectively deploy shipping capacity to ensure stable freight rates.