What is the SCFI index?

What is the SCFI index?

SCFI is the abbreviation of Shanghai Containerized Freight Index that reflects the fluctuation of spot freight rates on export container transport market from Shanghai.

What is Shanghai shipping Index?

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Shanghai Containerized Freight Index
Description Unit Weighting
Mediterranean (Base port) USD/TEU 10.0%
USWC (Base port) USD/FEU 20.0%
USEC (Base port) USD/FEU 7.5%
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