The container rates are decreased on the main shipping methods in Asia to the United States after an increase in July led by the accelerated importers to overcome the expected tariff. According to a report issued by Freightwaves, another 90 -day extension is unlikely to stimulate the truce of customs tariffs between China and the United States to November a new wave of imports.
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The initial increase in expatriates would have reached its climax in July, when the two trucks were shipped present before the deadline in early August. Since the impulsion, the Power prices in America in Asia have decreased north by 60 % -70 % in almost uninterrupted chip. The data from the Indexbox platform confirm this declining trend, as the prices of the West Coast decreased by 10 % last week to 1744 dollars per fee (FEU), its lowest level since December 2023. The prices of the East Coast decreased by 21 % to $ 2.733 per FEU, on the occasion of 34 % so far in August.
The delay in implementation is a major factor, as the customs tariff that aims to reduce it is still collected while completing the details of the deal. This delay means any possible effect on charging sizes and rates will take longer to achieve it. Meanwhile, the increasing capacity of the vessels and the carrier decisions on the re -directed pressure on additional prices on prices. For example, the excellent coalition divides the Mediteranean Pacific South 2, a step that will take up to 10 Chinese ships from the United States to avoid new penal ports fees that will get into force in October.
In contrast, transit rates in the Atlantic Ocean are mainly fixed at $ 2,284 per Feu last week. In other major commercial corridors, space prices in Europe in Asia fell north by 6 % to about $ 3,100 per Feu, while advanced Asian rates are 1 % lower at the same price. These levels are 60 % lower than the same period last year, which reflects the increasing ability in the global container market.
Source: Indexbox Market Intelligence