Freightos Baltic Index Moves +0.7% as Pre-CNY Demand Peaks

Summary

The Freightos Baltic Index (FBX) moved +0.7% week-on-week, with transpacific eastbound firming on last pre-holiday tenders. FBX01 (China-East Asia to North America West Coast) held near $2840 and FBX03 (to North Europe) near $2500. Freightos said activity fell sharply during the break and resumed unevenly.