26.01.21IACI Decreases 1% in Week 3

Drewry's Intra-Asia Container Index (IACI) decreased 1% from the previous week to $661 per FEU in the third week of January. The IACI, a weighted average of spot rates across 18 major trade routes within Asia, was 9% lower year on year. Drewry expects the rates to remain stable ahead of Lunar New Year demand in mid-February.

In the third week of this month, spot rates fell 9% to $53 per FEU from Busan to Shanghai, remained unchanged at $54 per FEU from Ho Chi Minh City to Shanghai and at $51 per FEU from Jakarta to Shanghai, fell 2% to $1,165 per FEU from Shanghai to Jawaharlal Nehru, grew 17% to $871 per FEU from Shanghai to Singapore, grew 8% to $1,219 per FEU from Shanghai to Tanjung Pelepas, remained unchanged at $765 per FEU from Shanghai to Yokohama, and grew 38% to $106 per FEU from Yokohama to Shanghai.