When Suez is open and new in the lunar calendar
After the recent Hamas-Israel ceased fire, under the driver of the Chinese Lunar New Year celebration and the recovery of the Suez Canal transition, container spot freight rates have dropped sharply this week. The development of these situations is sweeping the market and enlarging volatility on key trade lanes. Please also read: The strong December US container import was closed for 2024, but the potential challenge was imminent in 2025 Druori's World Container Index (WCI) records a large number of declines. The transdiflow spot rate on the Shanghai Los Angeles route has decreased by 8 % to $ 4,813 per 40 feet. It was 7 % and closed at $ 6,377 per 40 feet. At the same time, XSI Transpacific Index of XENETA dropped by 3 % and landed at $ 5,162 per 40 feet. However, the biggest reduction rate occurred in Asia-Europe transactions. In this transaction, people worry that the concerns of war have been realized. The Shanghai-Roddan route…
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