Tag: Shanghai Containerized Freight Index

China: Shanghai Containerized Freight Index strengthens w-o-w on frontloading, tight capacity

Jun 22, 2026

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by

Nikita Shukla

in Melting Scrap

Strong demand and frontloading supported rates Tight capacity and surcharges kept market firm The Shanghai Containerized Freight Index (SCFI) surged 4.6% to $3,121.7/twenty-foot equivalent unit (TEU) on 18 June 2026 as against $2,985.2/TEU on 12 June. Due to the Dragon Boat Festival holiday (19-21 June), the Shanghai Containerized Freight Index (SCFI) was published on Thursday,…