Shanghai Shipping Exchange: the performance of the transport market is weak this week, the freight rates of most routes fall back.

According to the Shanghai Shipping Exchange, China's export container transport market failed to continue its steady upward trend this week. The performance of transport demand is relatively weak, with freight rates on most routes falling, dragging down the composite index. According to the latest data released by the General Administration of Customs, exports fell 7.5% in dollar terms in May from a year earlier, the first decline in three months. The decline in foreign exports has put some pressure on China's export collection market, but with the steady recovery of China's economy in the future, China's export collection market will stabilize and improve. The composite freight index of Shanghai export containers released by the Shanghai Shipping Exchange on June 9 was 979.85 points, down 4.7 per cent from the previous period.