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Home > Fall in ocean shipping rates between Asia and Europe: signs of an early end to the peak season

Fall in ocean shipping rates between Asia and Europe: signs of an early end to the peak season

11 September 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecast - Precious Metals, Market Forecasts - Industrial Metals, News

Sea freight rates between Asia and Northern Europe, as well as to the Mediterranean, dropped further last week, recording prices 20% below the peaks reached in July. This could mark an early end to the peak season which, in turn, had started earlier than expected. Causes of the price decrease Several factors contributed to […]

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