ShippingWatch

Analyst firm: Decline in spot rates to a significant extent seasonally determined

Recent months’ decline in spot rates on major routes from Asia toward Europe and the US is primarily determined by seasons, according to Sea-Intelligence. Only one route from Asia toward US appears weak.

Photo: Stringer/VIA REUTERS / X80002

Since the Chinese New Year, which took place in the calendar year’s fifth week, spot rates on the container market have dived on a weekly basis, but the price declines are in the case of most major routes – from Asia toward Europe and the US – determined by seasons, writes Sea-Intelligence.

There is one exception, however.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs