NCFI Sees Mixed Trends in Key Trade Routes

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The Ningbo Containerised Freight Index (NCFI) for April 11, 2025, reflects notable shifts in container freight rates across major trade routes, reports Baltic Exchange.

Compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, the index provides insights into market trends based on transactional data from various logistics companies.

Key Route Developments

  • Ningbo to West Mediterranean: Experienced a significant increase of 15.31%, reaching a rate of 1,355.61
  • Ningbo to East Mediterranean: Saw a rise of 12.94%, with rates climbing to 1,013.29
  • Ningbo to Europe: Increased by 1.76%, bringing the rate to 934.17
  • Ningbo to Middle East: Declined by 8.85%, dropping to 907.56

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Source: Baltic Exchange