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China-Europe Freight Train Operation Updates (Week 38)

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China-Europe Freight Train Operation Updates (Week 38)

Date of release:2023-09-25 Author: Click:

It took about 1-2 weeks to reload at Alashakou and Khorgos. Other ports such as Manzhouli and Erenhot runs normally, with an average handling time of 7-12 days. The overall T/T along the European route is stable, with domestic trains originating from Duisburg and Hamburg taking an average of about 23 days, and trains arriving at Mala taking about 25 days; The train heading towards Russia, with a destination in Moscow, takes 18-25 days.

 

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

 

European route:

The supply and demand are generally in balance, with slight fluctuations in booking prices. Most platforms have basically sold out their spaces in September. The express train launched by Yiwu platform can be scheduled to booked until early October; There will be a small number of spaces available on block trains at Chengdu in late Sep,where the booking prices for October has been released,  with a little change of around $50-100 compared to September.

Due to the tax decree of Kazakhstan, a fee of $50 will be imposed on each invoice in each container passing through Kazakhstan.

 

Similar to the sales situation for outbound trips, all seats in Xi'an, Wuhan, and Chengdu have been sold out in September. Dalian, Yiwu, Chongqing and other stations still have individual cabin reservations available this month, among which Yiwu cabin reserves and prices have undergone significant changes. Please pay attention to real-time information updates.

 

Russian route: 

The supply and demand of the Russian market is stable. At the end of September, there are still available spaces in Zengcheng, Chongqing, Xi'an, Zhengzhou, and other terminals, while those in Chengdu and Jinan are scheduled for early October. The overall booking prices remain stable, and there will be no significant changes at the end of September. Only a few platforms are expected to rise their price slightly - for example, Jinan is expected to raise prices by $150 nest month.

 

Central Asia route: 

Jinhua is the first to announce that the booking price will drop by 1500 yuan in October, and it is expected that Yiwu will simultaneously lower it. At present, most platforms have not yet announced their plans, and we will continue to follow up. At the end of September, there were still remaining cabins in Xi'an  Zhengzhou, Mianyang, Yiwu, and Jinhua, while spaces in Chengdu, Hefei, and other places have been arranged until October.

Article source: Cargo Talk


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