Newsletter summary
European Container Futures contract breaks through 4000 pointsFreewsopchips2021Freight rates for European routes rose. The China-Europe train has become the mainstream option of listed companies, and a number of enterprises have benefited from speeding up construction along the route.
Text of news flash
[European shipping fees rise, China-Europe trains are sought after by listed companies] on May 13, the Choice terminal showed that the contract price of shippers and shippers during the European consolidation period rose sharply, breaking through the 4000-point mark at one stroke to 4008.Freewsopchips2021It closed at 9: 00, with an one-day increase of 14.64%. At the same time, the spot market is also on the rise, with the European route freight index at 1736.53 points on May 10, up 4 per cent from April 26, according to the Shanghai Shipping Exchange. Market analysis believes that the surge in futures prices on the European line is mainly affected by the recovery of European demand and geopolitical frictions. In this context, the China-Europe train, with its convenient, safe and efficient characteristics, has become the preferred way for listed companies to deliver goods to Europe. On May 8, the monthly Central European train at Horgos Railway Port exceeded 600. Subsequently, the Central European train (Shijiazhuang, Hebei-Hungary-Serbia) set off, marking the normal operation of the central European train from the Beijing-Tianjin-Hebei region to Hungary and Serbia. At the same time, Jiangxi Ganzhou opened a "two-zone linkage" China-Europe train, heading for Budapest, the capital of Hungary. On the same day, Guangzhou International Port Station realized the normal operation of the "double carriage + dual channel" of the China-Europe train of commercial vehicles. In order to ensure the smooth operation of the China-EU train, the construction work along the way is in full swing. Sany Marine Engineering, as the main manufacturer of container handling equipment in the terminal, is actively responding to the market demand and speeding up the deployment of loading and unloading equipment needed by the railway loading and unloading port. Chen Jing, general manager of the company, said that the company is vigorously promoting the upgrading of electric, intelligent and digital loading and unloading equipment to improve railway loading and unloading efficiency and shorten the waiting time for goods. In addition, railway equipment manufacturers such as time Electric, time New Materials and Zhuzhou Liancheng Group holding Co., Ltd. are also working overtime to produce products and components needed along the China-Europe train. Time New Materials staff revealed that due to some European lines in disrepair, the need to replace aging equipment and regular maintenance to ensure the smooth operation of the train. In terms of freight transport, car manufacturers such as Geely and BYD are sending cars to the European region with the help of ro-ro cars on the China-Europe train. The number of new energy vehicles and battery modules from inland areas such as Wuhan in Hubei, Chengdu in Sichuan and Changsha in Hunan continues to grow. At the same time, exporters of construction machinery, daily ceramics, bags, shoes and hats, men's and women's clothing, leather goods, canned fruits and other products also favor the efficient, economic and safety characteristics of the China-Europe train. China porcelain Co., Ltd., a daily ceramic enterprise mainly engaged in export business, its export revenue accounts for more than 60% of the total sales. The European market is an important target market for the company. The company staff said that the porcelain sent to Europe benefited from the support of the China-Europe train, and the transportation process was faster, more convenient and safer.
