Shipping times have also shot up during the pandemic, causing delays in shipments and the turnaround of containers. Photo: Winson Wong
Shipping times have also shot up during the pandemic, causing delays in shipments and the turnaround of containers. Photo: Winson Wong
China trade

Shipping container prices tumble for first time this year as China’s Christmas exporting season slows

  • Average sale price of a 40-foot container in China has plunged by 22.5 per cent since the end of September
  • The price correction in container markets coincided with a fall in the shipping freight costs between China and the US

Topic |   China trade
Shipping times have also shot up during the pandemic, causing delays in shipments and the turnaround of containers. Photo: Winson Wong
Shipping times have also shot up during the pandemic, causing delays in shipments and the turnaround of containers. Photo: Winson Wong
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