Drewry’s composite World Container Index decreased by 1.6% to $1,739.59 per 40ft container this week.
Drewry's assessment for Thursday, 31 August 2023 stated that the composite index has decreased by 1.6% to $1,739.59 this week, and has dropped by 69.3% when compared with the same week last year.
The latest Drewry WCI composite index of $1,739.59 per 40-foot container is now 83% below the peak of $10,377 reached in September 2021. It is 35% lower than the 10-year average of $2,682, indicating a return to more normal prices, but remains 22% higher than average 2019 (pre-pandemic) rates of $1,420.
The average composite index for the year-to-date is $1,771 per 40ft container, which is $910 lower than the 10-year average ($2,682 mentioned above).
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