China’s export container shipping price index slightly fell in September, data from the Shanghai Shipping Exchange showed.
CCFI Records
The average China Containerized Freight Index (CCFI) stood at 876.46 last month, edging down 0.5 percent over the previous month, according to the shipping exchange.
The sub-readings for a majority of the 12 shipping routes increased on a monthly basis in September, with the Australia/New Zealand service logging the most notable rise of 15.4 percent.
Global Shipping Routes
The sub-index for the Mediterranean service registered the sharpest month-on-month drop of 5.7 percent, the data revealed.
The CCFI tracks spot and contractual freight rates from Chinese container ports on 12 shipping routes across the globe, based on data from 22 international carriers.
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Source: Xinhuanet
