27 May 2024

Asia, Europe, the West, the East of the United States price increases 20%!

Asia, Europe, the West, the East of the United States price increases 20%!

    In the recent week, in the demand to good and shipping companies push up the tariffs driven by the global main container route tariffs rose comprehensively, Asia and Europe, the United States West, the United States East and other trunk routes tariffs rose even more to about 20%.

    The latest information released by the General Administration of Customs shows that, in US dollar terms, China's exports in April 2024 grew by 1.5% year-on-year, in March the export of the same temperature temporarily fell like, but also on the speed of the fall back to the rise, showing that China's exports continue to be at the water stable in the better than the track, conducive to the stable development of China's export shipping market.

    According to the Shanghai Export Containerised Freight Index (SCF) released by the Shanghai Shipping Exchange, on 10 May, the SCF was 2305,7 points, up 18.8% compared to a week ago, showing that China's export containerised transport market continued to perform well after a long holiday. Compared with a month ago, SCFI even rose from 1757.04 points to 2305.79 points, up 31.2%.

    Among them, Shanghai port export to the European basic port market tariffs (shipping and shipping surcharges) for 2869 U.S. dollars / EU, compared with a week ago rose sharply by 247%, Shanghai port export to the Mediterranean Sea basic port market tariffs (shipping and shipping surcharges) for 3915 U.S. dollars / TEU, the same people rose by 21.0%.

    Shanghai Shipping Exchange analysts said that the European route market demand continues to remain at a high level, supply and demand relationship is good, the main shipping companies to promote the price increase plan, making the market tariffs rose sharply.

    At the same time, the eurozone retail sales index rose 0.8% in March, higher than the previous value and market expectations, is the highest level since January 2023, on behalf of consumer confidence steadily improved, will further promote the eurozone economic growth.

    Freight prices also rose sharply on the U.S. routes. Sunny Worldwide Logistics is specializing in the shipment services by Air/Sea/Express/Railway. We also provide customs clearance, inspection and trailer, CO, F/A, fumigation, insurance and so on.

    Shanghai port exports to the U.S. West and the U.S. East basic port market tariffs (shipping and shipping surcharges), respectively, 4393 U.S. dollars / FEU and 5562 U.S. dollars / FEU, a week earlier rose 22.0%, 19.3%.

    According to the information released by the General Administration of Customs, in the first four months of 2024, China's exports to the U.S. totalled 1.08 trillion yuan, an increase of 2.4% year-on-year, with a trade surplus of 692.41 billion yuan, expanding by 5.4% year-on-year, showing that China's exports to the U.S. continue to bail out of provincial growth, and play a long-term supporting role in the demand for North American lines of transport. In addition to the recent major shipman division continue to quasi-movement tariffs rise, making the United States line spot market booking prices continue to rise.

    Other routes, Shanghai port exports to Australia and New Zealand basic port market tariffs shipping and shipping surcharges) for 1169 U.S. dollars TEU, up 25.8%; Shanghai port exports to South America basic port market tariffs (shipping and shipping surcharges) for 5461 U.S. dollars / TEU, up 18.1%, Shanghai port exports to the Persian Gulf basic port market tariffs (shipping and shipping surcharges) for 2124 U.S. dollars / TEU, up 3.8 per cent. TEU, up 3.8 per cent.