China's export container shipping price index dips in September

Posted on October 20, 2023   |  

The China Containerized Freight Index (CCFI) registered an average of 876.46 last month, indicating a slight 0.5% drop from the previous month.

Throughout September, most of the 12 shipping routes saw monthly increases in their sub-readings. Notably, the Australia/New Zealand route saw a substantial rise of 15.4%.

Conversely, the Mediterranean route experienced the most significant monthly decline, down by 5.7%.

The CCFI serves as a valuable tool for monitoring shipping costs from Chinese ports along 12 global routes, utilizing data provided by 22 international carriers.