West Coast Route▼
Preliminary situation: In February, affected by the reorganization of shipping company alliances and the off-season after the holiday, the price of South China ports to the West Coast of the United States fell to US$2,500 per 40HC high box.
Subsequent forecast: Shipping companies intend to increase sea freight rates for the March market. It is expected that the price of the West Coast shipping market will be adjusted back to the beginning of 3, which may be around US$3,000-3,500/40HC. However, if the global economic situation fluctuates, or new trade policies are introduced to affect trade volume, prices may fluctuate. If market demand recovers well and the supply of shipping capacity is stable, prices may exceed US$3,500/40HC; if demand growth is weak, prices may hover around US$3,000/40HC.
East Coast Route▼
Preliminary situation: The East Coast route of the United States was affected by many factors in the early stage, and the price was at a relatively high level.
Subsequent forecast: Considering that if there are no extreme situations such as strikes in the eastern US ports in the early stage, the relatively stable but slightly fluctuating trend may continue in March, and the price is expected to be around US$3,500-4,000/40HC. If new trade frictions emerge, resulting in major changes in cargo transportation demand, or congestion at ports, prices may fluctuate beyond this range. If the US domestic economic recovery accelerates and import demand increases, prices may rise; if the trade environment deteriorates and demand decreases, prices may fall.
In general, the above price forecasts are only approximate ranges, and the actual freight rates may also be affected by factors such as fuel price fluctuations, port congestion, emergencies, and pricing strategies of different shipping companies. Please inquire for specific prices.