Maritime & Shipping, Containers

October 01, 2024

Platts amends composition of Platts Container Index (PCI) Oct 1

Platts, part of S&P Global Commodity Insights, has amended the composition & allocated weightages for the components of the Platts Container Index (PCTRI00) effective Oct. 1.

The PCI is a weighted average of key Platts container assessments globally, indicating the movement of spot container freight worldwide. Platts has amended Platts container route assessments and revised weightages for index components to better reflect current containerized tradeflows. The wider range of Platts container assessments used reflects diversified trade flow volumes in the global container market.

The index is composed of the following:

Symbol Route Weightage(%)
PCR 13 North Asia-WC North America 34%
PCR 5 North Asia-EC North America 21%
PCR 23 Southeast Asia-WC North America 9%
PCR 25 Southeast Asia-EC North America 8%
PCR01 North Asia-North Continent 7%
PCR2 North Continent-North Asia 3%
PCR 31 North Asia-EC South America 3%
PCR 53 North Asia-Indian Subcontinent 3%
PCR 9 North Continent-EC North America 2%
PCR11 North Asia-UK 2%
PCR3 North Asia-Med 2%
PCR14 WC North America-North Asia 2%
PCR 29 North Asia-WC South America 2%
PCR 39 Indian Subcontinent-EC North America 1%
PCR32 EC South America-North Asia 1%

The PCI previously comprised the below routes:

Symbol Route Weightage (%)
PCR14 WCNA - North Asia 11.32%
PCR01 North Asia - North Continent 10.43%
PCR11 North Asia - UK 10.43%
PCR02 North Continent - North Asia 10.00%
PCR12 UK - North Asia 10.00%
PCR5 North Asia - ECNA 8.87%
PCR13 North Asia - WCNA 8.20%
PCR06 ECNA - North Asia 8.03%
PCR04 Med-North Asia 7.66%
PCR03 North Asia - Med 6.87%
PCR10 ECNA - North Continent 4.23%
PCR9 North Continent - ECNA 3.95%

Platts may review the weightage in the event of a substantial change in observed trade flows.

The index is published daily at 13:30 Houston time stamp and appears in Platts Dry Freight Wire, Platts Dry Freight Wire Monthly, Containers Update, MH4000, MH4001, MH4004, SH0510, SH0511 and SH0512.

There is no publication when all three hubs- Houston, London and Gurgaon are on holiday.

Please send all comments or questions to shipping@spglobal.com , containers@spglobal.com and pricegroup@spglobal.com .

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.