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China-Europe Freight Train Operation Updates (Week 39)

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China-Europe Freight Train Operation Updates (Week 39)

Date of release:2023-09-27 Author: Click:

In the 39th week, the China Railway Express ran smoothly, and the reloading at Alashankou and Khorgos improved significantly. There are reports that 300 to 400 containers destined for the terminals in Russia have been stranded after arriving in Zabaykalsk, causing severe congestion at the port. As a result, the loading at the Manzhouli has been extended by 2-3 days.

 

Overall, there has been a slight improvement in the efficiency of transportation. In the European direction, the average T/T from domestic stations to Mala is about 12-15 days, from Duisburg is about 20-23 days, and from Xi'an to Hamburg is about 14 days. In the direction of Russia, it takes about 13-22 days from domestic stations to Moscow, of which the fastest record is 14 days from Zhengzhou to Electrougli via Alashankou, and the fastest record is 13 days from Jinhua to Bely Rest via Khorgos.

 

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

 

European route:

The supply and demand are stable, and booking prices fluctuate slightly. At the end of September, there were still some spaces remaining, and the express trains in Xi'an, Chengdu, and Yiwu were still popular in the market, where the spaces have been booked until after the National Day holiday. The booking pricesin Oct. Have been released by stations such as Chengdu, Chongqing, and that at Jinhua remained unchanged.

 

The prices of eastbound freight train in Chengdu, Zhengzhou, Xi'an, Chongqing, and Yiwu have remained stable after a slight adjustment in early September, and are expected to maintain their original price levels in October. It is reported that Hefei, Wuhan, and Xi'an will temporarily suspend Mara return trains; destinations such as Chongqing, Chengdu, and Yiwu are optional for the return journey  from the departure terminals of Poland. In October, there is a tight schedule for trains from various European stations to Wuhan and Xi'an, and booking requires waiting in line.

 

Russian route: 

The supply and demand of the Russian market is stable. Spaces from domestic stations to the Russian direction are reserved until the 10th and beyond. Booking prices in cities such as Chengdu, Xi'an, Zhengzhou, Jinhua, and Yiwu remained stable in October, with spot rates remaining above $5000.

 

Central Asia route: 

Xi'an Free Trade Port has adjusted the price for different sources of goods: since September 24, 2800 yuan has been reduced for each train that leaves via Khorgos from Shaanxi, Shanxi , Henan , Hubei and Sichuan Province; For goods sourced from other provinces and cities, a reduction of 4000 yuan per vehicle will be made. In addition to rail, the multi-modal transportation combining truck and rail has been highly praised recently, which can effectively control freight costs and shorten transit time.

Article source: Cargo Talk


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