General

At present, the global logistics supply chain is still severely blocked, and the global shipping tension continues. The export market is generally stable. Based on this status, the ocean freight is one price per day, and the freight rates of various routes remain high, and enterprises are afraid to take orders!

u3000u3000 The cargo volume on global routes has decreased, except for the US route!

u3000u3000Due to the obstruction of the container logistics supply chain, the global traffic volume of all routes except the United States has declined.

u3000u3000 The latest data from Container Trades Statistics (CTS) show that the global container shipping volume in September fell by 3% to 14.8 million TEUs. This is the lowest monthly freight volume since February this year, and an increase of less than 1% year-on-year in 2020.

u3000u3000CTS stated that in the United States, consumer demand continues to drive the growth of imported containerized goods. However, due to the decline in exports from Asia, the global volume of goods has fallen.

u3000u3000 Among the global routes, the only growth is the route from Asia to North America. The volume of 2.2 million TEUs on this route in September was the highest monthly volume so far. In September, the volume of the Asia-Europe route dropped by 9% to 1.4 million TEUs, which was a decrease of 5.3% from September 2020.

u3000u3000 route freight rates remain high

u3000u3000 Recently, the global new crown epidemic is still in a relatively severe situation. There are signs of a rebound in the European region, and future economic recovery still faces greater challenges. At present, China's export container transportation market is basically stable, and the freight rate of ocean routes is hovering at a high level.

u3000u3000 On November 5, the Shanghai Shipping Exchange released the Shanghai Export Container Comprehensive Freight Index of 4,535.92 points.

u3000u3000The ocean freight is one price per day, and the freight rates of all routes remain high, and companies dare not take orders!

u3000u3000 European routes, Mediterranean routes, the new crown epidemic in Europe has recently rebounded, dragging down the pace of economic recovery and showing signs of slowing down. The market transportation demand is in good condition, the supply and demand relationship is slightly tense, and the market freight rate is hovering at a high level.

u3000u3000 North American routes: Recently, transportation demand in the United States has continued to remain high during the traditional peak season. The fundamentals of supply and demand are stable, and the average space utilization rate of ships in Shanghai Port is close to the full load level. The freight rates of the Shanghai Port West Coast and East Coast routes continued to fluctuate at a relatively high level. The West Coast routes increased slightly, while the East Coast routes fell slightly.

u3000u3000 Persian Gulf route: The epidemic situation at the destination is generally stable, the transportation market remains stable, and the fundamentals of supply and demand are good. This week, the average space utilization rate of ships in Shanghai Port remained at a relatively high level, and the spot market booking market declined slightly.

u3000u3000 Australia and New Zealand routes: The demand for daily necessities keeps transportation demand high, and the fundamentals of supply and demand are stable. The average space utilization rate of ships in Shanghai Port remained at a relatively high level, and the spot market booking prices were hovering at a high level.

u3000u3000 South American route: The epidemic situation in South America continues to be in a more severe situation, and the epidemic situation in the main destination countries has not been effectively improved. The demand for daily necessities and medical supplies drove transportation demand to hover at a high level, and the relationship between supply and demand was good. The market situation was generally stable this week.

u3000u3000 Japan route: The transportation demand remains stable, and the market freight rate is generally good.

u3000u3000 Sea freight is one price per day, so I dare not take orders

u3000u3000 Regarding the recent experience of the shipping market, some freight forwarders said, "The shipping market is now very chaotic, especially chaotic. The ever-changing information has caused many freight forwarding companies and foreign trade manufacturers to dare not take orders and cannot do business."

Take the Mason Clipper as an example. The very representative West Coast route departs from Ningbo Port and Shanghai Port. Under the impact of factors such as the price of the Mason Clipper and limited electricity, it only took half a month in October. , The price dropped from 44,000 US dollars/container to 17,000 US dollars.

u3000u3000 However, the rebound took only two weeks, and by the end of October, the market quotation reached a new high of US$50,000 per cabinet. Ordinary ships on the US-Western route have recently risen from a low of US$8,000-9000/container, and at the end of October, they have also risen to US$12-1.3 thousand/container.

u3000u3000 The large fluctuations in the shipping price of the Western US Route also directly affected the export plans of foreign trade companies. A freight forwarder said, "Recently, we have negotiated a large order with a foreign trade company with a total container volume of over 1,000. However, the price of the US-Western route suddenly dropped in the early stage, which caused the cooperation between the two parties to finally stop."