The KCCI rose by only one point and the SCFI increased 0.16% as seasonal demand weakened, more vessels returned through the Suez Canal and carriers used blank sailings and rate increases to support pricing.
The container market ended the week broadly flat. The Korea Ocean Business Corporation’s KCCI increased by one point, or 0.02%, to 4,667, while the Shanghai Containerized Freight Index rose 6.01 points, or 0.16%, to 3,687.35.
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