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Drewry World Container Index Up From Last Year This month

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The index that is composite 0.5% down overall but 76.9% up in comparison with same period of 2019 week.

The average index that is composite of WCI, assessed by Drewry for year-to-date, is $1,780 per 40ft container, which is $354 higher compared to the five-year average of $1,426 per 40ft container.

Drewry’s World that is composite Container contracted 0.5% to face at $2,452.99 per 40ft container this week. Cargo rates on Shanghai-New York weakened $58 to $4,589 for the box that is 40ft. Likewise, prices on Rotterdam New York destroyed $28 to face at $2,421 per feu and the people on Shanghai-Rotterdam decreased -$19 to come in at $2,134 for a container that is 40ft. Conversely, prices from Rotterdam to Shanghai gained $22 to $1,239 for a field that is 40ft. Drewry expects rates to damage into the that is coming week.

The World Container index that is composite evaluated by market analyst Drewry is up by 25.6% to $1517.1/40ft container. The Index is a composite of container freight rates on 8 channels which is often major the usa, Europe and Asia. The common composite index of the WCI, assessed by Drewry for year-to-date, is US $ container that is 1,502/40ft which is $111 lower than the five-year average of $ container that is 1,613/40ft. It is usually 1% reduced when compared to a ago year.

The providers implemented GRIs regarding the East-West routes originating from Asia through the first week of November, to cash in on the uptick that is anticipated demand ahead of the Christmas holidays.

The World Container Index (WCI) between Shanghai and Rotterdam gathered $462 for a package that is 40ft reach $1,716 because of this. On the Transpacific trade, rates on Shanghai-New York strengthened by $615 to reach $2,404 per 40ft industry. Likewise, costs from Shanghai to Los Angeles went up by $313 to reach $1,634 per feu. The index that is composite 0.5% down overall but 76.9% up in comparison.

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