Intra-Asia Container Index Remained Stable Last Week

Drewry’s Intra-Asia Container Index (IACI) remained stable at $956 per 40ft container. This halted a five-week decline, as the Middle East crisis continued to weigh on market sentiment, particularly on the Shanghai–Jebel Ali route, where rates rose 6% in Week 31. See detailed commentary below. Five-week slide snaps as Middle East uncertainty grips markets • ...

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