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China-Europe Freight Train Operation Updates (Week 42)

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China-Europe Freight Train Operation Updates (Week 42)

Date of release:2023-10-20 Author: Click:

In the 42nd week, China-Europe freight trainswork smoothly. The time of reloading at Alashankou and Khorgos is about 3-7 days; that at Manzhouli is about 8-15 days, at Erenhot is about 7-16 days.

Overall, the transport efficiency of trains seems improved.Factors causing instability on the way have been reduced, and trains punctuality have been well received.In the European direction, it takes about 13-15 days from the domestic stations to Mala, and about 18-21 days to Duisburg and Hamburg; In the Russian direction, the average transit time from domestic stations to Moscow is about18-23 days , to Volsino is about 16 -22 days.

 

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

 

European route:

The supply and demand of the European route is balanced, with relatively small changes. At the end of October, the capacity was tightened, leaving only a small number of spaces available. At present, various platforms have successively announced plans for November, and there has been little change in capacity deployment compared to October. Up to now, it can be seen that Chengdu still enjoys a significant advantage in prices, with COC prices maintained in the range of 4500-5100 US dollars. Booking price at terminals such as Yiwu and Chongqing maintained stable , while those from Xi'an and Wuhan have not been updated yet.

 

Russian route: 

The overall supply and demand in the Russian-bound route are stable. Recently, there has been a heat for spaces in Chengdu, Jinhua, Suzhou, and Hefei, as there was rare left in October.   The "Chengdu-Minsk" service requires booking two weeks in advance, with a growth in price of about 3%. At the end of October, only a few were left in Chongqing and Xi'an. It is expected that booking prices on various platforms will remain stable.

 

Central Asia route: 

Except for the limited LCL shipping, the overall market demand is flat. There is sufficient supply of space in November, and space is available from Zhengzhou and Xi'an to Tashkent and Almaty. Price fluctuations in the Central Asian direction are slightly and there has been no significant adjustment since September. In addition to rail-to-transportation modes, "rail+truck" is also popular.

Article source: Cargo Talk


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