Shanghai Shipping Exchange: Available capacity is tight this week in the market, and the composite index continues to rise.

According to the Shanghai Shipping Exchange, this week, high temperatures have intensified in many areas of southern China, leading to an increase in downstream purchasing. In addition, the wide range of influence of the typhoon has caused ships to be stranded at the mouth of the Yangtze River, resulting in a decrease in shipping capacity turnover efficiency. There is a shortage of available shipping capacity in the market, leading to a strong sentiment among shipowners to raise prices. As a result, the comprehensive index continues to rise. On July 17, the China Coastal Comprehensive Freight Index released by the Shanghai Shipping Exchange closed at 1158.33 points, up by 7.9% from the previous period.