From January to September of 2024, the container throughput of Chinese ports was 248.5 million TEU, a year-on-year increase of 7.7%, according to Ningbo Zhoushan port Group's release. In September, the container throughput of Shanghai Port was 3.91 million TEU, a year-on- year increase of 8.0%; the container throughput of Ningbo Zhoushan Port was 2.95 million TEU, a year-on-year increase of 8.3%.
In terms of container freight rates, the average value of Ningbo Containerized Freight Index (NCFI) was 1549.4 points in October 2024, a month-on-month decrease of 12.1% and a year-on-year increase of 138.5%. Among the 21 routes, the freight index of 7 routes increased month-on-month, and the freight index of 14 routes fell month-on-month.
