Overview of Weekly Composite Index
The Ningbo Containerized Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, provides a snapshot of shipping rates for 20ft, 40ft, and Hi Cube containers. This index is reported every Friday at 16:00 (Beijing), except during Chinese holidays.
Index Values and Weekly Changes
For the week of August 2, 2024, the index values and weekly changes are as follows:
- Ningbo – Europe: 3505.84 (down 1.85% from 3572.01)
- Ningbo –...
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