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Small increase illustrates rate instability

The Shanghai-Rotterdam spot rate index climbed by USD 66 and stood at USD 1,032 per 40 ft box due to the general rate increase on 1 September.

 

According to the analyst World Container Index, this small gain clearly demonstrates the extent to which the market is prepared to support price increases at this time. Further rate instability in the weeks ahead are to be expected.

 

www.worldcontainerindex.com