Updated weekly, Drewry’s Intra-Asia Container Index (IACI) decreased 5% in the second week of January, reaching $665 per 40ft container.

Drewry’s Intra-Asia Container Index (IACI) declined 5% in the second week of January, reaching $665 per 40ft container. The IACI is a weighted average of spot rates across 18 major trade routes within Asia and is currently 20% lower YoY. Drewry expects the rates to remain stable ahead of Chinese New Year demand in mid-February.

Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan 26), consists of 18 route-specific indices representing individual shipping routes and a composite index. All indices are reported in USD per 40ft container.

Market freight rates are collected for the following routes:

Busan-Shanghai
Ho Chi Minh City-Shanghai
Jakarta-Shanghai
Jawaharlal Nehru Port-Shanghai
Kaohsiung-Shanghai
Laem Chabang-Shanghai
Shanghai-Busan
Shanghai-Ho Chi Minh City
Shanghai-Jakarta
Shanghai-Jawaharlal Nehru Port
Shanghai-Jebel Ali
Shanghai-Kaohsiung
Shanghai-Laem Chabang
Shanghai-Manila
Shanghai-Singapore
Shanghai-Tanjung Pelepas
Shanghai-Yokohama
Yokohama-Shanghai
Source: Drewry