Industry
21:38, 22-Dec-2018
China's export container transport index up in November
Updated
20:56, 25-Dec-2018
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China's container transport for export purposes gained momentum in November as the market was bolstered by the peak season, according to data from the Shanghai Shipping Exchange.
The average China Export Containerized Freight Index stood at 853.76 points in November, up 2.3 percent from a month earlier, the exchange said in a statement.
Since the beginning of the year, the index has averaged 815.09, lower than last year's average of 820.47.
In November, the sub-indices for the African, U.S., Australian and New Zealand routes saw strong gains, the data showed.
The China Export Containerized Freight Index was first released by the Shanghai Shipping Exchange in April 1998 as a barometer for the export shipping market.
China's exports rose 10.2 percent year-on-year in November, less than October's rise of 20.1 percent.
Source(s): Xinhua News Agency