Source: CCTV Finance
July to September is the traditional peak season for my country's cargo exports, and container freight rates have also risen. However, this year, the container freight rates that were originally rising all the way have fallen by in recent times; the crude oil transportation market, which has continued to sluggishly, ushered in the peak season of ahead of schedule. What is the reason that the shipping market " ice and fire two heavens " ?
Fu Miaoling, who runs a tableware business in Yiwu, Zhejiang, recently discovered that the shipping cost has dropped again . July to September each year is the traditional peak season for my country's cargo exports, but this year, container freight rates have not only not increased, but have continued to decline, and some routes have even plummeted.

Business Manager of a supply chain company in Zhejiang Wang Pinghe: US routes have dropped sharply. In September last year, the highest market selling price was 50,000 US dollars, and now it is a market selling price of more than 10,000 yuan. The Red Sea, , Middle East, , India and Pakistan have all also dropped.

and container freight rates are in contrast to . On September 23, the China imported crude oil freight index of Shanghai Shipping Exchange was 1816.13, up 15.41 from the previous period. reporter learned that in September, the freight rates of super-large tankers from the Middle East to Ningbo increased by more than 15% compared with last month.