Tianjin shipping index fell 1.43% month on month in the second week of 2022

The reporter learned from Tianjin International Trade and shipping service center that in the second week of 2022 (January 10-14), the Tianjin shipping index (TSI), the wind vane of domestic and foreign trade shipping prices in northern China, closed at 1927.93, down 1.43% compared with January 7 (the last release day of the first week), down for two consecutive weeks in the beginning of the year

(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 second week of 2022, Tianjin shipping index was released five times, showing a continuous downward trend after a slight shock, with a cumulative decline of 27.93 points in a single week.

Among them, Norinco International Cooperation Ltd(000065) container freight rates have decreased steadily, and the freight rates of main routes have different increases and decreases. The freight rates of European and Mediterranean routes are flat month on month, the freight rates of American routes have increased slightly month on month, and the freight rates of South America and Persian Gulf India Pakistan routes have decreased. As a result, TCI has decreased by 0.11% month on month; Norinco International Cooperation Ltd(000065) the freight rate of dry bulk cargo fell rapidly after a slight shock, and the freight rates of grain, coal and metal ore fell sharply, resulting in a comprehensive decrease of 6.30% in TBI on a weekly basis; The freight rates of coastal containers stabilized after falling. Due to the impact of the epidemic and the approaching Spring Festival holiday, the market transportation demand of Quanzhou / Xiamen Tianjin route was depressed, and the freight rates of most other routes were relatively stable, resulting in a 0.60% decline in TDI.

Tianjin shipping index is released by Tianjin International Trade and shipping service center every working day. The index sample 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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