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Containers in short supply amid surging exports-- Beijing Review

  ·  2020-12-25  ·   Source: NO.52 DECEMBER 24, 2020   Containers in a bonded area of the Qinzhou Port in Guangxi Zhuang Autonomous Region, south China, on November 19(XINHUA) Tracking spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, the average China Containerized Freight Index stood at 1,411.98 on December 11, up by 6.7 percent from a week earlier, the Shanghai Shipping Exchange said. The indicator rose nearly 70 percent since late May, roughly the same period when major Chinese ports saw a turnaround of container throughput. Containers have never been so sought-after, Li Xiaohui, deputy manager of the technology department at a container company in Tianjin Port, said.

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