In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued their further decreasing tendency. As it is mentioned, their composite World Container Index decreased by 3% to $2,350 per 40-foot container.

Freight rates from Shanghai to Rotterdam decreased by 3% or $100 to $3,176, and Rotterdam to Shanghai also decreased by 3% or $15 to $474 per 40-foot container.

Also, the rates from New York to Rotterdam decreased by 1% or $10 to $843 per FEU, but opposite way Rotterdam to New York decreased by 3% or $51 to $1,945 per FEU.

The rates from Shanghai to Genoa decreased by 4% or $143 to $3,084, while Shanghai to Los Angeles decreased by 2% or $40 to $2,494. As it is reported, those on Shanghai to New York also slid 5% or $188 to $3,638 per 40-foot container.

Finally, the rates from Los Angeles to Shanghai remain unchanged at $711 per FEU.

^{Source: World Container Index, Drewry Supply Chain Advisors}