Freightos Baltic Index Moves -1.8% as Pre-CNY Demand Peaks

Summary

The Freightos Baltic Index (FBX) moved -1.8% week-on-week, with transpacific eastbound firming on last pre-holiday tenders. FBX01 (China-East Asia to North America West Coast) held near $2790 and FBX03 (to North Europe) near $2450. Freightos said activity fell sharply during the break and resumed unevenly.