China container shipping leasing rates go 2.5X in May, container prices rise by 88% - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com8 months ago
Customers report an 88% spike in average container prices in China from March to April 2024, reaching $3200 for second-hand 40 ft high cube containers in May 2024.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/china-container-shipping-leasing-rates-go-2-5x-in-may-container-prices-rise-by-88/
Container prices in Shanghai have risen by 17% from April to May 2024 due to persistent increases since November 2023, influenced by Red Sea diversions.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/china-container-shipping-leasing-rates-go-2-5x-in-may-container-prices-rise-by-88/
Read at London Business News | Londonlovesbusiness.com
#container-trading-market #freight-forwarding #shipping-industry #demand-surge #price-surge
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