In October 2024, the Chinese export container transportation market showed a trend of first falling and then rising. According to the latest data released by the General Administration of Customs, in the first three quarters of this year, China's import and export of goods increased by 5.3% year-on-year, breaking through 32 trillion yuan for the first time in history, maintaining a stable and positive trend, and will continue to play a long-term support role in China's export consolidation market in the future. In October 2024, the average comprehensive freight rate index for Chinese export containers released by the Shanghai Shipping Exchange was 1416.20 points, an average decrease of 20.3% compared to the previous month; The average Shanghai Export Container Composite Index, which reflects the spot market, is 2103.35 points, a decrease of 13.6% compared to the previous month.
1. Port container throughput continues to grow, and the rental market for ships continues to differentiate
① In September 2024, the operation of major ports in China remained stable, and the container throughput of ports continued to maintain a steady and positive trend. According to statistics, in September, ports across the country completed a container throughput of 28.05 million TEUs, an increase of 3.9% compared to the same period last year. Among them, coastal ports completed a container throughput of 24.71 million TEUs, a year-on-year increase of 4.5%; The inland ports have completed a container throughput of 3.36 million TEUs, which is the same as the same period last year.
