- World Container Index Up 43.5% Versus Same Week of 2019.
- WCI increased by 1.5% to $2,089.41 per 40ft container.
- The average composite index of the WCI assessed by Drewry for year-to-date is $302 higher than the five-year average of $1,411 per 40ft container.
- Freight rates from Shanghai to New York climbed $11 to touch $3,521 per feu and from Rotterdam to Shanghai was up by $1 and stood at $1,297 for a 40ft box.
Drewry’s composite World Container index increased by 1.5% to $2,089.41 per 40ft container, says an article published under weekly update on its website.
The composite index
The composite index increased 1.5% this week and 43.5% up when compared with the same period of 2019.
The average composite index of the WCI, assessed by Drewry for year-to-date, is $1,713 per 40ft container, which is $302 higher than the five-year average of $1,411 per 40ft container.
40ft container rates
- Spot rates from Shanghai to Los Angeles increased 6% or $184 to reach $3,208 for a 40ft container.
- Freight rates from Shanghai to New York climbed $11 to touch $3,521 per feu.
- Rotterdam to Shanghai rates nudged up by $1 and stood at $1,297 for a 40ft box.
- However, rates from Rotterdam to New York declined by 3% or $62 to $2,202 for a 40ft container.
- Also, rates from Shanghai to Rotterdam crumbled 3% or $51 to $1,805 per feu.
- Drewry expects rates to increase in the coming week.
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Source: Drewry
