According to the Shanghai Shipping Exchange, in September 2023, the Chinese export container transportation market failed to continue its previous upward trend and showed an overall adjustment trend. The lack of further growth in transportation demand has led to a decline in most ocean route market prices from their high levels at the beginning of the month, with the composite index slightly declining.

In September 2023, the average value of the China Export Container Comprehensive Freight Index released by the Shanghai Shipping Exchange was 876.46 points, a decrease of 0.5% compared to the previous month; The average Shanghai Export Container Composite Index, which reflects the spot market, is 956.03 points, a decrease of 7.4% compared to the previous month.

This article originates from: AI Telegram in the Financial Industry

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