BCN-02 China’s weekly export container shipping index rises

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ZCZC

BCN-02

CHINA-SHIPPING-INDEX

China’s weekly export container shipping index rises

SHANGHAI, April 3,2021 (BSS/XINHUA)- China’s index of export container transport registered an increase in the past week ending Friday, according to the Shanghai Shipping Exchange.

The average China Containerized Freight Index (CCFI) stood at 1,871.78, up 0.4 percent from a week earlier, according to the exchange.

The E/C America service led the gain with a rise of 3.5 percent, followed by that for Australia/New Zealand service, which went up 3.3 percent, the exchange said.

The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, based on data from 22 international carriers.

The index was set at 1,000 on Jan. 1, 1998.

BSS/XINHUA/TIT/1633HRS