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SCFI index down again this week

Spot rates on container freight continued to drop this week, according to a survey of the so-called Shanghai Containerized Freight Index (SCFI).

The container freight spot rates continued to slide this week, according to a survey of the so-called Shanghai Containerized Freight Index (SCFI), which covers numerous trades out of Shanghai.

The index dropped 2.6 percent, to 1048.88, this week - a week that was shortened to Wednesday as big swaths of Asia are closed on Friday.

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