Jinwu Caixun| Port transportation stocks generally risepacmanarcademachineforsale, COSCO Haikong (01919) rose 5pacmanarcademachineforsale.73%, Orient Overseas International (00316) rose 5pacmanarcademachineforsale.71%, Pacific Shipping (02343) rose 4.38%, COSCO Haifa (02866) rose 3.77%, and Sinotrans (00598) rose 3.59%.
Tianfeng Securities said that since December 2023, freight rates on consolidated ocean routes have increased significantly, and Southeast Asian routes have also increased. Freight rates on European and American routes have increased, and capacity on other routes is expected to be deployed to European and American routes, triggering a general increase in freight rates. Economic growth drives trade growth, increases freight volume, and increases container demand, driving an increase in container production and price increases.
Huatai Securities said that international freight rates have risen rapidly since March this year, and the main contract of the consolidated shipping index (European line) is from March 1 to May 24.pacmanarcademachineforsaleThe increase of more than 200%, attracted market attention. It was observed that the increase in China's container export freight rates showed diversified characteristics. The year-to-date increase in freight rates in South America, Africa and other regions was even significantly higher than that of European routes. Starting with freight rates, we will explore clues for China's manufacturing industry to go abroad. Chinese companies will accelerate their going abroad, combined with the recovery of the global manufacturing cycle, and the recovery of the electronics industry chain cycle after the chip bill are expected to jointly drive the structural high growth of China's exports this year.