Shipping demand continues to be strong, CCTV: lack of containers and cabins! There is a large backlog of foreign trade companies! Orders have skyrocketed but delivery is difficult!

Transportation demand continues to be strong, and the composite index is running at a high level.
According to the Shanghai Export Container Freight Index (SCFI), as of May 7, after a period of decline in the previous period, the Shanghai Export Container Price Index climbed to a high this year, reaching 3,09.16, which was basically the same as the previous period (April 30). .
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With the repeated epidemics in Europe and the United States, the surge in traffic from Asia to Europe will continue until the third quarter of this year. Congestion in European and American ports will continue to be the main bottleneck in the supply chain, and container prices will continue to rise.
In addition, according to the "Maritime Silk Road Index" issued by the Ningbo Shipping Exchange on the 7th, the Ningbo Export Container Freight Index closed at 2597.4 points, a record high. According to analysis by industry insiders, it is difficult for container shipping prices to drop before September this year.
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Ningbo Export Container Freight Index of NCFI Maritime Silk Road Index
The Ningbo Container Freight Index review report stated that "considerable cargo" in Europe was suspended last week due to the "still very high" demand for space.
Last week’s data showed that FAK carriers’ freight to Northern Europe was up to US$14,000/FEU. One of the freight forwarders in Shenzhen offered a “very favorable price” and guaranteed space, from major Chinese ports to Felixstowe or London. The freight at the port (London Gateway) still costs USD 12,000/FEU, which will be shipped in late May.
For the trans-Pacific trade route, the latest issue of the FBX index last week showed that the price from Asia to the West Coast of the United States rose by 4% to US$5041/FEU, while the spot freight to the East Coast rose by 6% to US$6588. /FEU. FBX's latest daily index shows that the spot freight rate on May 7 has reached a record high of $6,604.
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▍CCTV report: missing boxes! No cabin! There is a large backlog of foreign trade companies! Orders have skyrocketed but delivery is difficult!
The following video is from
CCTV Finance
△ CCTV Finance "Tianxia Finance" column video
The data shows that among the 21 routes in the world, the freight index of 16 routes has increased, and the freight index of only 5 routes has fallen. Among the major ports along the "Maritime Silk Road", the freight index of 12 ports increased.
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Qian Hanglu, industry analyst of Ningbo Air Exchange: The freight rate of a high cabinet on European routes has exceeded 9500 US dollars; the freight rates of the east and west routes have exceeded five digits; the freight rates of the east and west US routes Has reached the level of 5600 US dollars and 4400 US dollars.
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The high freight rate is mainly due to the stable epidemic situation in my country, the influx of a large number of overseas orders, and the phased shortage of capacity in the main routes. In a foreign trade company in Cixi, Zhejiang, European and American orders have been scheduled until August. Due to lack of space and containers, less than 10 containers are shipped every day, resulting in a large backlog of products.
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Lao Baisheng, deputy general manager of a foreign trade enterprise in Ningbo, Zhejiang: Today only 9 containers arrived. If we usually have more than 30 containers every day, but the containers are tight, one box is hard to find, and the cost of the container has increased a lot. , Some boxes need money to buy, so it is very stressful for us to ship.
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And the logistics enterprises between the cargo owner and the ship owner have increased their workload several times. They are receiving cargo and looking for ships every day.
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Jia Jun, chairman of a logistics group in Ningbo, Zhejiang: Our daily orders are more than 10,000 boxes, and now less than 50% of the actual shipments. The lack of cabins and boxes still exist.
Despite facing increased costs, most companies still actively book space and seek shipments. Some companies began to negotiate with foreign buyers, trying to increase product prices and other methods to ensure profits and stabilize production.