Tianjin shipping index rose 0.58% month on month in the 9th week of 2022

The reporter learned from Tianjin International Trade and shipping service center that in the 9th week of 2022 (February 28 - March 4), the Tianjin shipping index (TSI), the wind vane of domestic and foreign trade shipping prices in northern China, closed at 195269, up 0.58% compared with February 25 (the last release day of the 8th week).

(provided by Tianjin International Trade and shipping service center)

Tianjin shipping index (TSI) comprehensively reflects the price fluctuation of the shipping market in Tianjin and Northern China. It is a comprehensive index calculated by Norinco International Cooperation Ltd(000065) container freight index (TCI), Norinco International Cooperation Ltd(000065) dry bulk freight index (TBI) and coastal container freight index (TDI). In the 9th week of 2022, Tianjin shipping index was released five times, showing a "V" trend of first falling and then rising, with a cumulative increase of 11.33 points compared with the 8th week.

The freight rate of each route in South America and Central America fell slightly, while the freight rate of each route in South America and Central America rebounded slightly fell than that of TCI 00000 and other routes in one week Norinco International Cooperation Ltd(000065) dry bulk freight rates also showed a trend of first falling and then rising, and the fluctuation range was greater. The freight rate indexes of grain, coal and metal ore increased by 3.31%, 6.14% and 0.62% respectively, resulting in a combined increase of 2.99% in TBI on a weekly basis; The freight rates of coastal containers remained stable. The freight rates of all routes in and out of the port were the same as last week, and TDI increased by zero month on week.

Tianjin shipping index is released by Tianjin International Trade and shipping service center every working day. The sample scope of the index covers 27 international routes connecting Tianjin Port Co.Ltd(600717) , Qingdao Port International Co.Ltd(601298) , Caofeidian port and world ports, as well as domestic shipping routes between Tianjin Port Co.Ltd(600717) and major ports in China.

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