SCFI rises for first time in four weeks

Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26.

More specifically, rising 3.2% from the previous week, the composite index increased for the first time in four weeks due to double-digit growth in spot rates from Shanghai to North America.

Moreover, spot rates for ex-Shanghai container exports showed unfavorable fluctuations on the routes to Europe and the Mediterranean, going down 3.8% to US$763 per TEU...

https://container-news.com/scfi-rises-for-first-time-in-four-weeks/

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