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Economy

China's weekly export container shipping index edges down

August 16, 2021


Abstract : China's index of export container transport edged down in the past week ending Friday, according to the Shanghai Shipping Exchange.

SHANGHAI, Aug. 14 (Xinhua) -- China's index of export container transport edged down in the past week ending Friday, according to the Shanghai Shipping Exchange.

The average China Containerized Freight Index (CCFI) stood at 2,978.47, down 0.9 percent from a week earlier, according to the exchange.

The sub-reading for the Southeast Asia Service led the decline with a week-on-week drop of 6.8 percent, while that for Korean Service gained 14.3 percent.

The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, based on data from 22 international carriers.

The index was set at 1,000 on Jan. 1, 1998. Enditem

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Keyword: export container transport

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