Russia-China container prices plunge while market keeps growing

Image: Russian Railways (RZD)

The market between China and Russia is booming, but the container prices are not. In April, the trade value in dollars between China and Russia increased by 41,3 per cent on a year-on-year basis. Quite the contrary, the container prices, both ocean and rail, have dropped around 30-35 per cent this year.

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Author: Chengfan Zhao

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Russia-China container prices plunge while market keeps growing | RailFreight.com

Russia-China container prices plunge while market keeps growing

Image: Russian Railways (RZD)

The market between China and Russia is booming, but the container prices are not. In April, the trade value in dollars between China and Russia increased by 41,3 per cent on a year-on-year basis. Quite the contrary, the container prices, both ocean and rail, have dropped around 30-35 per cent this year.

Do you want to read the full article?

Are you already a member?

Log in

Do you have a free account? With a free account, you had access to read all premium content on RailFreight.com for free until 1 May 2023. From 1 May onwards you need a paid membership to read all premium articles. Questions? Call +31(0)10 280 1000 or see the FAQ.

 

Author: Chengfan Zhao

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