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China-Europe freight train operation updates (Week 29)

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China-Europe freight train operation updates (Week 29)

Date of release:2023-07-22 Author: Click:

Alashankou and Khorgos operates smoothly and the handling time reduced to 3 days with increased efficiency by 50%; the average reloading time in Manzhouli is about one week, where the shortage of chasis are generally reported; the number of trains went through Erenhot is relatively small, and the reloading took about 10 days currently.  

 

The supply of spaces and freight rates for each route are as follows:

 

European route:

West bound: The supply ofspaces is generally abundant, and the spot rate fluctuates slightly. Most platforms released their schedules for August. Xi 'an Express will run twice a week, with the price dropping by $100 on Wednesday and maintaining the same on Saturday.  The outbound spaces at Xian are slightly tight, only a small number kept open at the end of July. At the same time, the demand for Chengdu-Lodz Express is strong, and the spaces had been almost sold out this month. 

 

East bound: Due to the reduction of public train , the returned spaces is slightly tight, and the price at some l platforms slightly went up. In August, three outbound space can be exchanged for one inbound space at Xian. And the inbound spaces have little left recently. There are still a few available at Wuhan, Zhengzhou and Hefei at the end of July.

 

Russian route: The overall supply and demand is stable.Spaces for late July at Ganzhou, Xi 'an and Chongqing, while those for public trains from Chengdu to Moscow and Minsk have been sold out. The cargoes at South China and East China can still be loaded at neighbouring terminals, but some freight forwarders worried that most of the additional plans may be delayed until early August.

 

Central Asia route: Central Asia service is generally adequate in spaces at the end of July.  Those at Xi 'an, Zhengzhou, Jinhua, Hefei for late July can still be booked. Booking price for August have not yet been announced and are expected to fluctuate little. It is observed that the freight rate in Central Asia has shown a downward trend, and the market has tightened.

Article source: Cargo Talk


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