- Intra-Asia freight rates rose 5% in early September, reaching $1,551 per FEU.
- Rates remain 9% lower compared with the same period last year.
- Spot rates showed mixed trends, with Shanghai–Jawaharlal Nehru up 17% and Jakarta–Shanghai down 15%.
- The SACL index tracks fluctuations across 18 key intra-Asia trade lanes.
Intra-Asia container freight rates saw a 5% increase in the first half of September, reaching $1,551 per FEU, according to data released by the Japan International Freight Forwarders Association (JIFFA). While current levels remain 9% below the same period last year, the Drewry Asia Container Index (ACI) suggests steady momentum through the remainder of the month, as reported by Container News.
Spot rate movements were uneven across major regional lanes. On the Busan–Shanghai and Ho Chi Minh City–Shanghai routes, prices held steady at $0 and $30 per TEU, respectively. Jakarta–Shanghai declined by 15% to $425 per TEU, while Shanghai–Jawaharlal Nehru rose sharply by 17% to $1,663 per TEU. The Shanghai–Tanjung Pelepas service dropped 10% to $922 per TEU, whereas Shanghai–Yokohama edged up 2% to $761 per TEU. In contrast, Yokohama–Shanghai slipped 7% to $77 per TEU. The South Asia Container Line Index (SACL), published every two weeks, continues to provide key insights into spot rate fluctuations across 18 major intra-Asia trade lanes, inclusive of terminal handling charges.
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Source: Container news
