Prices are climbing amid an unconfirmed look
The global aerial rates continued to rise despite the very mixed expectations of trade and markets according to the latest data from the TAC index, which is the reporting agency for the leading prices of air freight markets. The global air freight index in the Baltic (Bai00), which has been calculated by TAC to another Wow, increased by 2.3 % throughout the week to March 24, leaving it in advance by +3.5 % over the past 12 months.
Prices outside China again were again last week in the corridors to Europe and North America, and let them be close to 12 months close to levels. Hong Kong Roads Index (Bai30) was brilliantly lower by -0.1 %, but is still advanced by +3.1 % on an annual basis, as sources indicate that topical prices continued to rise. The external Shanghai (Bai80) increased with more than 6.2 % – leaving the matter similar to +3.4 % on an annual basis. In other places of Asia’s prices, it is still more mixed – while falling on the corridors to Europe from Vietnam, Bangkuk and Seoul, this time also falls on corridors from India to Europe and the United States. On the contrary, Vietnam continued to the United States in the increase.
From Europe, the rates were generally decreased last week, including corridors to China and Japan as well as to the United States. However, the Road Index issued by Frankfurt (Bai20) wore from the last fall with an increase of +9.5 % WO, backed by gains on most of the main corridors, prompting this index to a positive area of +10.3 % on an annual basis. On the contrary, the external London Heathrow (Bai40) decreased again after an increase in the previous week, a decrease of -15.6 % and its pulling to -8.7 % on an annual basis.
Among the Americas, the Roads Index issued by Chicago (Bai50) +5.8 % Wow, led at higher rates in the corridors to Southeast Asia to leave it at +12.7 % on an annual basis. The total rate of the United States was generally higher in corridors to Europe and to Latin America, but they are slightly less in the corridors to China.
The rates of the first time increased in the first time on the week of the air cargo.
