[Freightos Weekly Update] Ex-Asia ocean rates dip slightly across the board, with further easing still anticipated

Ocean rates - Freightos Baltic Index:

• Asia-US West Coast prices (FBX01 Weekly) were level at $6,429/FEU.

• Asia-US East Coast prices (FBX03 Weekly) fell 1% to $9,411/FEU.

• Asia-N. Europe prices (FBX11 Weekly) fell 1% to $8,264/FEU.

• Asia-Mediterranean prices (FBX13 Weekly) fell 2% to $7,323/FEU.

Air rates - Freightos Air index

• China - N. America weekly prices increased 8% to $5.30/kg

• China - N. Europe weekly prices decreased 3% to $3.84/kg

N. Europe - N. America weekly prices were level at $1.65/kg