World Container Index (WCI) 9 June 2022

Providing an interesting insight into world container index pricing – Courtesy of Drewry UK

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The World Container Index per 40 FT container as of 09 June 2022 decreased by 0.6 % to $7,578.65 USD 40FT.
The composite index remains 13% higher than a year ago. The average composite index assessed by Drewry for year-to-date, is $8,569.00 USD per 40 FT container.
This is $5,146.00 USD higher than the 5 five-year spot freight rate average of $3,423.00 USD per 40 FT container.

Rates for Shanghai to Los Angeles dropped by 1% to USD $8,613.00 per 40ft container.
Shanghai to New York seeing a similar fall of 1% to USD $10,722.00 per 40ft container.
Shanghai to Rotterdam saw a reverse of weekly falls to increase by 1% at USD $9,799.00 per 40ft container.
Shanghai to Genoa saw a fall of 2% or USD $191.00 to USD $11,485.00
for a 40ft container.
The expectation is for spot rates to slowly decrease over the next few weeks.

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