China’s weekly export container shipping index rises

30 May, 2021 12:00 AM printer

SHANGHAI: China's index of export container transport went up in the past week ending Friday, according to the Shanghai Shipping Exchange.

The average China Containerized Freight Index (CCFI) stood at 2,296.36, up 3.6 percent from a week earlier, according to the exchange.

The sub-reading for the Mediterranean service led the growth with a week-on-week gain of 9.6 percent, reports Xinhua.

The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe.