SCFI spot rates down

SCFI spot rates down

SCFI spot rates down

Shanghai Containerised Freight Index (SCFI) spot rates on the Asia to Northern Europe route dropped 2.2 per cent to $863 per TEU in the week ending Friday, reports said.

Rates on other trades too showed declines. The Asia-Mediterranean trade fell two per cent to $869 per TEU, while those on the Asia to the US West Coast declined 4.1 per cent to $1,616 per FEU.

Rates from Asia to the US West Coast were also down, by 2.2 per cent to $2,650 per FEU, reports added.

Manjula

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