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Spot prices seen weakening on Transpacific, Asia-Europe trades

There are signs of respite ahead of the post-Chinese New Year period from the sky high spot rates that have sustained on container shipping’s trunk trades in 2021 so far, say analysts. The latest Shanghai Containerised Freight Index, forecasting rates for Chinese exports this week, shows spot prices weakening slightly on both the Transpacific and Asia-Europe trades, as per a report.


Source : Exim News Service - Shanghai, Feb. 22


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Currency Import Export
U.S.Dollar 73.44 72.51
U.K.Pound 102.77 100.75
Euro 88.65 87.16

As On 04th March, 2021

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Currency Import Export
U.S.Dollar 73.70 72.00
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Euro 89.25 86.10

w.e.f.19th February, 2021

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