The Ningbo Containerised Freight Index (NCFI) reported notable increases across several major trade routes in the week ending May 23, 2025.
Key Route Highlights
- Ningbo to Europe: The index for this route rose to 783.58, up from 750.91 the previous week, marking a 4.35% increase.
- Ningbo to West Mediterranean: This route saw a 5.64% rise, with the index climbing from 1,265.74 to 1,337.16.
- Ningbo to East Mediterranean: The index increased by 5.52%, reaching 1,003.69, up from 951.15.
- Ningbo to Middle East: A significant surge of 14.41% was observed, with the index rising from 977.55 to 1,118.38.
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Source: Baltic Exchange