Because of to the continuing decline in freight charges, the Sanxiong Evergreen container (2603-TW), Yang Ming (2609-TW) and Wan Hai (2615-TW) this week, the share cost fell consecutively, with weekly declines of 14.76%, 14.75% and 16.22% respectively, making it the weakest team in the broader industry.
The most current report produced by a foreign financial commitment showed that the transportation fee has peaked and reversed, and it is unavoidable that the marketplace will experience a downward cycle in the following calendar year and into the upcoming year.
Hongyuan Financial investment Marketing consultant, commander-in-chief of the bull expedition in the national capital circle, is also the initial to give Sanxiong a neutral score, noting that Sanxiong’s financial gain upcoming year may perhaps be just 40% of this year’s stage. , and It is not excluded that the American line chief will be in May perhaps up coming year, at the time of the exchange of the contract there will be the rate of the dip.
The Shanghai Delivery Trade announced the most up-to-date Shanghai Export Container Freight Index (SCFI) composite index, which not only dropped for 12 consecutive months, but also dropped 306.64 details from very last 7 days to 2847.62 details, hitting a higher. new lower considering that mid-April past year, and the decrease widened to 9.7%, ongoing to history the greatest weekly drop since the outbreak, like the U.S. Western Line freight rate plunged additional than 20% in just 1 7 days.
Cargo legal professionals will not hesitate to say that the transport marketplace is certainly oversupplied.
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