Global container shipping prices continue to lose steam, indicating that the boom that depends on customs tariffs earlier this year is largely running its course. The Drewry container index has decreased this week to $ 2,250 per container 40 feet – the tenth consecutive weekly decline – leading to the transformation of the market from fluctuation to gradual stability.
Also read: The container shipping market settles before expected in the second half
The Rollercoasster rate began after a new American tariff was unveiled in April, which increased the rapid increases from May to early June. Then the prices fell sharply until mid -July before the usual decline.
The commercial passages across the Pacific Ocean bear the weight of this week. Shanghai – Los Angeles prices decreased by 3 % to $ 2,412/FEU, while Shanghai -New York roads decreased by 5 % to $ 3,463/Feu. According to Drewry, it ended with an accelerated import by American retailers – which creates the early peak season – where buyers have now withdrawn amid the slow US economy and increased customs tariff costs.
Asia’s roads – Europen have eased. Shanghai -Rotterdam rates decreased by 6 % to $ 2,973/FEU, and Shanghai -Jenoa decreased by 3 % to $ 2,978/FEU. Even as European demand remains fixed and the port congestion continues, an increase in the supply continues to be a decline.
Looking at the future, the Faculty of Deriri warns of the balance of weakness in the second half of 2025, with the possibility of immediate price rates. The path will depend on a possible new tariff from the Trump era and how the carriers are adjusted in response to US sanctions on Chinese ships.
The repercussions of the induction uncertainty are already visible in the American ports. The global ports tracker in the National Retail Union expects that import volumes will end 2025 by 5.6 % less than last year’s levels. Jonathan Gold, Vice President of NRF, said. “What we need is commercial deals that decrease barriers – not higher than the barriers.”
The port of the port reflects the commercial climate to stop. American ports dealt with 1.96 million naval containers in June, a decrease of 8.4 % on an annual basis, followed by 2.3 million government units in July, when retailers rushed to overcome the August tariff. However, the storage units are expected to decrease sharply during the end of the year, with November 1.71 million forecasts in the government-minimal armed forces since April 2023.
Ben Hackit, founder of Hackett Associas, described the introductory scene as “for example, out of work”, causing a headache of trucks, consumers and consumers alike.
With dull demand, excessive reliability, and the risks of customs tariffs that are still looming on the horizon, container markets may face a long extension of the declining pressure.
