Monthly China to Persian Gulf/Red Sea container freight index 2019-2022
Container shipping prices from China to Persian Gulf/Red Sea have been soaring since the outbreak of the COVID-19 pandemic in 2020. The China (Export) Container Freight Index (CCFI) for this route reached about 3,171 points in June 2022. The CCFI reflects the change in freight rates based on an index of 1,000 basis points as of January 1, 1998.