Tudor International Freight Limited
  • About Us
    • About Us
    • Work With Us
  • Shipping for Businesses
    • Shipping for Businesses
      • Find Out More
    • Our Services
      • Air Freight
      • Sea Freight
      • Road Freight
      • Documentation
      • Export Services
      • Import Services
      • Courier and Express
      • Customs Clearance
      • Freight Packaging
      • Warehousing
    • Specialist
      • Project Logistics
      • Dangerous Goods
      • Charter Services
      • Out of Gauge
      • Hand Carry
    • Industry
      • Aerospace
      • Chemicals
      • Exhibitions
      • Manufacturing
      • Energy
      • Technology
    • Request a Quote
    • Resources
    • Latest News
    • Pay Online
    • DataNet
  • Shipping for Individuals
    • Shipping for Individuals
      • Find Out More
    • How It Works
      • Get a Quote
      • Book Online
      • Collection
      • Shippers Inventory
      • Pay Online
      • Track & Receive
    • Services
      • Air Freight
      • Door to Door
      • Sea Freight
      • Excess Baggage
      • Road Freight
      • Order Packing Materials
      • You Buy, We Fly.
      • Call Back Request
    • Destinations
      • Africa
      • Asia
      • Australasia
      • Europe
      • North America
      • South America
    • FAQ
    • Blog
    • Pay Online
    • Testimonials
  • Contact Us
  •  

Asia-Europe in price slump

  • Home >
  • Shipping for Businesses >
  • Latest News >
  • 2017 >
  • Asia-Europe in price slump
The spot prices for Asia-Europe unexpectedly dropped by around 9% despite it being peak season. Transpacific prices have also fallen for a third successive week.

However, rates have remained 15% overall and are higher than a year ago.

According to the World Container Index assessed by Drewry, prices for SIA-Europe dropped ‘unexpectedly on the Shanghai-Rotterdam route,’ by $160 as it cost $1705 for a 40ft box compared to last year’s figures. Prices from Shanghai to Genoa dipped by 10% with the prices averaging around $1,608 per feu.

However, Drewry predicted: “More rate hikes and prudent supply during the peak season should lift rates from August”, in regards to the Asia-Europe trade as rates have continued to be consistently higher compared to the previous year.

Meanwhile, a “slow start to the peak season is weighing down transpacific eastbound rates”, Drewry noted.

Average spot rates from Shanghai to New York lost $183 (8%) to reach $2,202 for a 40ft box whilst the rates from Shanghai to Los Angeles dropped by $71 (5%) to $1,242. Compared with last year, Shanghai to New York prices are up 15%, while Shanghai to Los Angeles are currently down 5%, year on year.

Overall, average prices on the World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to and from the US, Europe and Asia, were down by 6.3% last week to $1421 per 40ft container.

For the year-to-date, the average composite index of the WCI, assessed by Drewry is $1,546 per 40ft container, which is $120 lower than the five-year average of $1,666 per 40ft container. But despite being down on the average, it remains 15% better than last year’s results.

                                                                                                                                                                  

 

 

Share with
  • Home
  • About Us
    • Work With Us
  • Shipping for Businesses
    • Our Services
    • Specialist
    • Industry
    • Request a Quote
    • Resources
    • Latest News
    • Pay Online
    • DataNet
  • Shipping for Individuals
    • How It Works
    • Services
    • Destinations
    • FAQ
    • Blog
    • Pay Online
    • Testimonials
  • Contact Us
    • Tudor International Freight
      Low Hall Business Park
      Low Hall Road
      Horsforth

      Leeds
      LS18 4EF
      UK

      T: +44 (0) 333 1234 747
      E: sales@tudorfreight.com
  • Follow Us

  • Facebook
  • LinkedIn
  • Terms
  • Privacy
  • Sitemap
© Copyright 2025
Company Registration Number: 02586291
We improve our products and advertising by using Microsoft Clarity to see how you use our website. By using our site, you agree that we and Microsoft can collect and use this data.