Prices and demand continues in the upward trend
Global air freight rates and demand increased slightly higher in the second week of March, with the Middle East and South Asia (MESA) is the only main origin area that records a decrease in whining, according to the latest weekly numbers of global market data.
The whining all over the world was gained in the 11th week (10 to 16 to 16) by +1 %, compared to the previous week, as it took +3 %, on an annual basis (YOY). The motivation behind the increase in global gain in the global week (WOW) was increases from Central and South America (+4 %) and Asia Pacific (+3 %), with the continuation of Asia and Pacific markets of the new lunar year (LNY). However, there was a 4 % drama in Al-Anege of Maysa’s origin, partly linked to the closure of works during the Hindu Spring Festival in India (13-14 March). On average over the past two weeks, the fiery fiery of Mesa’s origins in 10 and 11 weeks have been compared to their levels in weeks with 8 and 9, with a decrease to Europe (-3 %), but an increase in Asia and the Pacific (+9 %).
Asia and the Pacific Ocean
Using a two -week comparison method in two weeks (2Wo2W), the whispering of Asia and the Pacific Pacific in the 10 and 11 weeks of post -LNY calm to Europe (+13 %) and to North America (+10 %), based on more than 500,000 weekly transactions covered by WorldAr’s data. On the basis of a brilliant success, the whine from Asia and the Pacific to Europe has gained another 7 % in the 11th week, the fifth consecutive earning, and folders took to its highest level this year and only 10 % of their levels in mid -December. There were large increases in Europe from most of the large Asia and Pacific markets, including China (+7 %), Hong Kong (+5 %), Japan (+5 %), South Korea (+18 %), Taiwan (+13 %) and Vietnam (+9 %).
The Angen of Asia and the Pacific to the United States of America in the 11th week also recorded its fifth successive profit (+5 %), including increases from China (+6 %), Hong Kong (+6 %), Japan (+3 %), South Korea (+13 %), Taiwan (+2 %) and Vietnam (+3 %). The Great WOW is increasing from South Korea to, respectively, Europe and the United States of America in the 11th week, reflecting the recovery in languages after a sharp decrease in the previous week to Europe (-11 %) and to the United States of America (-13 %), and Wow.
Pricing developments
On the pricing aspect, the average interest rates from Asia and the Pacific to Europe were worth $ 3.92 per kilo similar to the previous week, with no significant fluctuations from any of the main and Pacific Asia markets. China prices to Europe decreased by -2 % to $ 3.87 per kilo, their fifth decrease. However, compared to last year, the immediate rates of Asia and the Pacific to Europe were 16 % higher per week 11, including YOY increase from China (+8 %), Hong Kong (+16 %) and Japan (+18 %).
From Asia Pacific to the United States of America, the average rate of sites amounting to $ 4.91 per kilo per week is approximately 11, Wow (-1 %), and more than one level equivalent last year (+11 %). However, there are some major differences in the original country level, with the rates of China and South Korea increased to the United States of America (+15 %), and Wow, while the rates of Vietnam (-8 %) and Vietnam (-11 %) decreased significantly.
The average rate of $ 2.37 per kilo increased, based on a mixture of instant prices and contract prices, 3 %, W, in the 11th week, they take it +2 % higher than the equivalent level this time last year.
