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China Ningbo Containerised Freight Index upticks 0.1pc

Author:   Posttime:2022-04-22

THE China Ningbo Containerised Freight Index (NCFI), a gauge of China's busiest port's freight rates for the international container shipping market, stood at 3,433.3 points last Friday, up 0.1 per cent compared with previous week, reports Xinhua.

The NCFI is issued weekly by the Ningbo Shipping Exchange, located in the Ningbo-Zhoushan port in east China's Zhejiang Province.
The index calculates and records the container freight rates of 21 routes departing from the Ningbo-Zhoushan port, including a composite index and 21 indexes of branch routes.
 

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