Price Assessment

Platts Asia-to-Europe Container Rates

  • About Platts Asia-to-Europe Container Freight Rates
  • How does Platts assess the Asia-to-Europe Container Rates?
  • Platts Asia-to-Europe Container Rates Commentary
  • Daily Market Price Heards

About Platts Asia-to-Europe Container Freight Rates

Platts Asia-to-Europe container rates are price assessments of the specific shipping route, which provide daily insight into market fundamentals and trends, offering essential information including price assessments, market-critical data, trade updates, trends, news, commentary and analysis giving you a thorough market overview. The Platts box rate assessments reflect a $/FEU cost for moving a container from the port of origin to the port of discharge, at 16:30 London time or 13:30 Houston time, depending on the route.

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How does Platts assess the Asia-to-Europe Container Rates?

During the daily price discovery process, we survey as broad a cross-section of the market as possible, including carriers, freight forwarders, shippers. Market players are regularly contacted by phone, instant message, email or face to face meetings by our global team of pricing analysts.

Platts Asia-to-Europe Container Rates Commentary

  • Asia-Europe rates slip ahead of Lunar New Year
  • Rates expected to soar into March on demand backlog


Rates for the Asia-to-Europe container freight market dipped slightly in the week ending Jan. 21, as expected, with loading periods now stretching into the Lunar New Year.


Despite this, sentiment is starting to turn positive again in the market, with rates expected to rise sharply after the holidays as a demand backlog that has built up as a result of blank sailings over the holiday period, bites the market.

“At this point, there are still delays, China is closing already due to [the coronavirus] and then it'll also close due to Lunar New Year, so it could be a lengthy backlog of demand that will push rates back to their start of 2021 levels,” said a carrier source.

The slight downside was to be expected, but there are already General Rate Increases in the market for Feb. 1 of around $500/FEU for Asia to Europe which, while not huge compared with expectations, will coincide with the start of the holidays, potentially suggesting bigger GRIs to be pushed by carriers for mid-February or into March.

Platts Container Rate 1 — North Asia-to-North Continent — was assessed at $15,000/FEU Jan. 21, down $250 on the week. But PCR11 — North Asia-to-UK — was unchanged on the week at $16,500/FEU, resulting in a widening spread between the two delivery regions to $1,500/FEU from $1,250/FEU.

Daily Market Price Heards

25 Jan 2022 — Containers: Vietnam-to-East Coast North America FAK plus additional premium indicative value heard at $18,000-$20,000/FE

25 Jan 2022 — Containers: Vietnam-to-West Coast North America FAK plus additional premium indicative value heard at $16,000-17,000/FEU

25 Jan 2022 — Containers: Jebel Ali-to-India FAK indicative value heard at $270/TEU, for loading in 3-7 days: logistics provider (cont

25 Jan 2022 — Containers: Jebel Ali-to-India FAK indicative value heard at $540/FEU, for loading in 7-10 days: logistics provider (con

25 Jan 2022 — Containers: India-to-Jebel Ali FAK indicative value heard at $850/TEU, for loading in 7-10 days: logistics provider (con

25 Jan 2022 — Containers: India-to-Jebel Ali FAK indicative value heard at $1,900/FEU, for loading in 7-10 days: logistics provider (c

24 Jan 2022 — Containers: North Asia-to-West Coast South America (PCR29) indicative value heard at $12,100/FEU for prompt dates: Frei

24 Jan 2022 — Containers: North Asia-to-West Coast South America (PCR29) indicative value heard at $9,500/TEU for prompt dates: Freig


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