Gradually returning sea freight prices to a reasonable range


Release time:

2023-06-26

The international container shipping fee has fluctuated from a high level and has slightly decreased.

Since 2020, due to factors such as increasing overseas demand, declining ship turnover, port congestion, and logistics difficulties, international container shipping fees have skyrocketed, resulting in an "imbalance" in the market. Since the beginning of this year, international container shipping fees have fluctuated from a high level and have rebounded somewhat.
According to data from the Shanghai Shipping Exchange, on November 18, 2022, the Shanghai Export Container Freight Index closed at 1306.84 points, continuing its downward trend since the third quarter. As the traditional peak season for global container shipping trade, the third quarter saw a significant decline in shipping costs, rather than a high increase. Due to changes in the external environment, the export volume of epidemic prevention materials and "residential economy" products has declined since 2022. Since July, the growth trend of container export value and export volume has even shown a reverse change.

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