China's weekly export container shipping index edges up

Source: Xinhua| 2021-09-26 17:12:43|Editor: huaxia

Photo taken on Aug. 15, 2021 shows a view of the Ningbo-Zhoushan Port in Ningbo, east China's Zhejiang Province. (Photo by Suo Xianglu/Xinhua)

SHANGHAI, Sept. 26 (Xinhua) -- China's index of export container transport edged up in the past week ending Friday, according to the Shanghai Shipping Exchange.

The average China Containerized Freight Index (CCFI) went up 2.5 percent to 3,235.26, according to the exchange.

The sub-reading for the South America Service led the gain with a week-on-week rise of 8 percent.

The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, based on data from 22 international carriers.

The index was set at 1,000 on Jan. 1, 1998.

KEY WORDS: China,Shipping,Container