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China-Europe freight train operation updates (Week 33)

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China-Europe freight train operation updates (Week 33)

Date of release:2023-08-21 Author: Click:

The average reloading time at Alashankou is about 3 days, that at Khorgos is about 7 days, that at Manzhouli is about 6 days, and that at Erenhot is about 10 days.The overall T/T in the European direction is stable. The average T/T for trains to Malasevic is 12-15 days,while that to Milan, Budapest, Duisburg is 22-24 days.

 

In the Russian direction, there are significant differences in the specific transit time for different terminals around Moscow. It usually takes about 15-24 days for the service from domestic stations,however,cost time could be extended by 5 days according to the latest news.As the railway track between Kazakhstan and Russia border is being repaired, more than 2,000 wagons stuck on on the way, causing congestion and delays.

 

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

 

European route:

As demand rising,the supply of spaces is tightened. Some freight train platforms are even in short supply. There are only a small amount of spaces remaining in August, and the current scheduled trains are all after the 25th this month in Chengdu, Yiwu, Chongqing, and Xi'an. The spot rate for September will be released soon, and it is expected to change little.

 

Supply for eastbound trains is in high demand. Spaces for Xi’an has been sold out, and that for Duisburg-Chongqing is also fully booked.Wuhan, Chengdu, Changsha, and Hefei  still remain little spaces at the end of August. New prices change for September is expected to be released next week.

 

Russian route: The supply and demand of the Russian market is stable, and the supply of spaces is sufficient. Most platforms still have surplus spaces in late August, among which Chengdu-Minsk are more sought-after. This week, the price of spaces on the Russian bound was relatively stable, with only a few routes fluctuating slightly

 

Central Asia route: The market volume has not changed much in Week 33. Due to the reduction in schedules, spaces that can be offered have been tightened. According to industry insiders, price from Xi'an to Central Asia was raised by 3,000 yuan in September, and that on other platforms are expected to rise slightly later.

Article source: Cargo Talk


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