Container shipping prices from China to Persian Gulf/Red Sea have been soaring since the outbreak of the COVID-19 pandemic in 2020. The China (Export) Container Freight Index (CCFI) for this route reached about 3,171 points in June 2022. The CCFI reflects the change in freight rates based on an index of 1,000 basis points as of January 1, 1998.
Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022
China (Export) Container Freight Index (CCFI) took January 1, 1998 as the basic period with the basic index of 1,000 points. CCFI was developed by the Shanghai Shipping Exchange and was first announced on April 13, 1998.
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China Port & Harbour Association. (July 7, 2022). Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/
China Port & Harbour Association. "Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022." Chart. July 7, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/
China Port & Harbour Association. (2022). Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/
China Port & Harbour Association. "Monthly China to Persian Gulf/Red Sea Container Freight Index from January 2019 to June 2022." Statista, Statista Inc., 7 Jul 2022, https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/
China Port & Harbour Association, Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022 Statista, https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/ (last visited December 22, 2024)
Monthly China to Persian Gulf/Red Sea container freight index from January 2019 to June 2022 [Graph], China Port & Harbour Association, July 7, 2022. [Online]. Available: https://www.statista.com/statistics/1322890/monthly-china-persian-gulf-red-sea-containerized-freight-index/