Shanghai Shipping Exchange: This week, the overall Chinese export container transportation market remained relatively stable after the short holiday break, with a slight increase in the composite index.
On May 10th, according to the Shanghai Shipping Exchange, the overall stability of the Chinese export container shipping market remained stable this week after the short May Day holiday. Different routes showed divergent trends based on their own fundamentals, with the comprehensive index slightly rising. According to the latest data released by the General Administration of Customs, in April, China's exports increased by 8.1% year-on-year in US dollars, continuing its growth trend. Faced with the "tariff war," Chinese foreign trade enterprises have been tested and have demonstrated the strong resilience of China's foreign trade. On May 9th, the Shanghai Shipping Exchange released the Shanghai Export Container Comprehensive Freight Index at 1345.17 points, up 0.3% from the previous period.
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