News #56 - bongdaso 1%

12.04.2024

DREWRY’S bongdaso decreased by 1% to US95 per 40-foot container this week.

bongdaso composite index has increased by 64% when compared with bongdaso same week last year and it is 97% more than average 2019 (pre-pandemic) rates of US20.

bongdaso

The average composite index for the year-to-date is US33 per 40-foot bongdaso, which is US6 higher than the 10-year average rate of US07 (which was inflated by the exceptional 2020-22 covid period).

Freight rates from Shanghai to New York decreased 4% or US4 to US10 per FEU.

Similarly, rates from Rotterdam to Shanghai dropped 3% or US to US7 per 40-foot box.

Likewise, rates on Shanghai to Los Angeles declined 2% or US to US34 per 40-foot bongdaso.

Also, rates from Shanghai to Rotterdam and Rotterdam to New York fell 1% to US50 and US24 per 40-foot box respectively, while rates on Los Angeles to Shanghai increased 1% or US to US3 per 40-foot bongdaso.

At bongdaso same time, rates from Shanghai to Genoa and New York to Rotterdam remained stable at bongdaso previous week’s level.

Drewry expects a minor decrease in trans-Pacific spot freight rates, whereas trans-Atlantic and Asia-Europe head towards

Source: https://www.thedcn.com.au/region/australia/world-bongdaso-index-drops-1/

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