Recently, the shipping company has continued to cancel the number of voyages from China to Northern Europe and the United States to slow down the decline in freight rates. However, despite the significant increase in the number of voyages, the market is still in a state of excessive supply, and the spot freight rates continue to fall.
The spot freight rate of the Asian -West Westward route has plummeted from a high of 20,000 US dollars a year ago. Recently, the freight forwarder quotation from Yantian, Shanghai or Ningbo to Los Angeles or Long Beach's 40 -foot cabinet is $ 1850. Valid until mid -November.
According to the analysis, according to the latest data of each freight rate index, the shipping price of the United States and Western routes still maintain a downward trend, and the market continues to weaken, which means that the freight rate of the route may fall to about $ 1,500 in 2019 in the next few weeks.
The spot freight rates from Asia to the East of the United States have also continued to decline, and the declines are reduced; the demand for Asia -Europe routes continues to weaken, and the freight rate remains a sharp decline. In addition, due to the significant reduction of market capacity in the shipping company, the freight rates in the Middle East and the Red Sea rose significantly compared with the previous week.
According to the latest data of the Druori World Container Index (WCI), the latest phase comprehensive index decreased by 7%from the previous week to $ 3145/Feu, which has fallen for 35 consecutive weeks, down 67%compared with the same period last year.
Among them, the current terminal from Shanghai to Los Angeles fell 3%from the previous week to $ 2412/Feu; Shanghai to New York fell 3%to $ 6034/Feu; Shanghai to Rotterdam's freight rate fell 13%to $ 3845/Feu; Shanghai to Reinaa fell 9%to $ 4,200/Feu.
▲ Data data of Drump WCI Index
The FBX freight index shows a similar downward trend, and the comprehensive index fell 3%to $ 3340/Feu. The freight rate from Asia to the United States fell 3%from the previous week to $ 2479/Feu; The Mediterranean fell 2%to $ 5607/Feu.
Ningbo Shipping Exchange's latest Ningbo export container freight index (NCFI) closed at 1320.3 points, a decrease of 3.6%from last week, and 16 route freight indexes fell.
European routes: The overall demand for transportation, the remaining situation of capacity is serious, and the market reservation price is accelerated in the current market. The European route freight index fell 15.1%compared with last week; the freight rate of Digong routes fell 11.2%from last week; the freight rate of the West West route fell by 6.7%compared with last week.
North American routes: The market is still in a state of excessive demand. The shipping price has maintained a downward trend, and the level of freight rates continues to be newly renovated during the year. The shipping price of the Eastern route fell 9.8%compared with last week; the shipping price of the United States and Western routes fell 5.2%from last week.
Middle East routes: Corporation has reduced market available capacity through temporary suspension and class, and the supply of routes is tight. The freight index of the Middle East route rose 45.4%over the previous week.
In addition, the Honghai route market has fluctuated this week. The liner company actively adopts the means of regulation of capacity to significantly reduce the effective market capacity of the market, which has led to a very tense route capacity. The market reservation price rose more than $ 1,000/Feu in a single week. The freight index of the Red Sea route rose 44.9%over the previous week.
In addition, according to the latest data of the Shanghai Export Container freight index issued by the Shanghai Shipping Exchange, the comprehensive freight index was 1697.65 points, a decrease of 4.6%from the previous period.
• Shanghai Port exported to the western Basic Port market freight rates were 1902 US dollars/Feu, a decrease of 6.3 % from the previous week;
• The freight rate from Shanghai to the United States is 5318 US dollars/Feu, a weekly falling 5.7 %;
• The freight rate from Shanghai to Europe is $ 2102/Teu, a weekly falling 11.6 %;
• The freight price of Shanghai to the Mediterranean is 2344 US dollars/Teu, a weekly falling 8.7 %;
• Shanghai to South America is $ 4541/Teu, a weekly decrease of 10.2%.
• Shanghai to Persian Gulf is $ 1727/Teu, an increase of 19.0%from the previous week;
• The freight price of Shanghai to Australia and New Australia is $ 1354/Teu, a decrease of 9.6%from the previous week.
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