Container prices drop, but shipping costs remain high for Chinese exporters

There has been a notable decline in prices for containers shipped out of major Chinese ports, but the cost of shipping those containers remains high, according to a major seafood exporter.

The average price of a 40-foot container at the Chinese port of Ningbo was down 5.9 percent in July on the previous month, to USD 4,034 (EUR 4,046), according to Container xChange, an online trading and leasing platform. There was a 5.5 percent drop in the average price for a 40-foot container leaving in …

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