18.04.16Drewry: World Container Index

The composite index is down by 2.2% this week and down by 18.2% from the same period of 2017.

• The average composite index of the WCI, assessed by Drewry for year-to-date, is US $1,387/40ft container, which is $74 lower than the five-year average of $1,461/40ft container.

• Spot rates on most routes from Asia declined. Rates from Shanghai to Los Angeles reduced by $50 to $1,180 per 40ft, whereas rates from Shanghai to the USEC inched up by $16 for a 40ft box to $2,370. Meanwhile, rates on Shanghai-Rotterdam dropped to $1,189 per feu this week. The headhaul rates on Transatlantic trade plummeted – a change of $136 – to reach $1,864 per feu. Drewry expects the rates to increase slightly next week on the back of the proposed 15 April GRIs.

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