Chinese Golden Week brings consolation to traders, container prices ease for the first time in weeks


Source: logisticsinsider.in logisticsinsider.in

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Chinese Golden Week brings consolation to traders, container prices ease for the first time in weeks Post Date : October 20, 2021 As China concludes its Golden Week and the world gears up for the holiday season, Chinese retailers and shippers receive consolation gifts with the average standard container’s prices plunging for both trading and leasing in the nation. The data collected by Container xChange shows that the average trading price in China for 40 high cube containers have fallen by 22% since week 39, just ahead of the Golden week. Average container price which was at a high of...