Since 2020, affected by the growth of overseas demand, the decline of ship turnover, port congestion, logistics and other factors, the international container sea freight has been soaring, and the market has been "unbalanced". Since the beginning of this year, the international container sea freight has fluctuated from a high level and has been adjusted back.
Shanghai Shipping Exchange data show that on November 18, 2022, the Shanghai export container freight index closed at 1306.84 points, continuing the downward trend since the third quarter. In the third quarter, as the traditional peak season of global container shipping trade, shipping freight rates did not show high growth, but showed a sharp decline. Due to changes in the external environment, the export volume of epidemic prevention materials and "home economy" products has declined since 2022, and the growth trend of container export value and export box volume has even reversed since July.
The current shipping price is gradually returning to a reasonable range, which can help customers significantly reduce import costs of steel pipes. For any inqiury of steel pipes such as GI pipes, HDG tubes, seamless pipes, SSAW pipes, LSAW pipes and so on. pls feel free to contact Xing Xin Tong.
