From 65438 to 0998, the China Export Container Freight Index (CCFI) published by Shanghai Shipping Exchange has been regarded as the "weather vane" reflecting the international container shipping market in the global container shipping market. In 2009, Shanghai Shipping Exchange developed Shanghai Export Container Freight Index (SCFI) to meet the demand of international container freight derivatives trading. For more than ten years, SCFI has been widely used in spot and forward freight rate transactions, and its market representativeness, accuracy and sensitivity have been highly recognized by major international shippers and shipowners. As the growth rate of container trade slows down, the container traffic fluctuates greatly in peak season, and the freight rate in spot market fluctuates sharply. In order to avoid the risk of freight rate fluctuation, Shanghai Shipping Exchange developed Shanghai Futures Exchange on the basis of CCFI and SCFI.
Compared with scfi, SCFI has achieved two breakthroughs. On the one hand, compared with the booking price of SCFI, SCFIS adopts "the freight rate of container ships after they leave the port in the spot market", which avoids the difference between the volume and price between the potential booking and the actual loading from the data source. On the other hand, SCFIS uses an automatic data acquisition and assembly system, including an automatic data acquisition, verification, assembly and early warning system, to process data, thus preventing the risk of human operation.
China export container freight index refers to a shipping price index that reflects the price change trend of China export container transportation market. Including Hong Kong, South Korea, Japan, Southeast Asia, Australia, New Zealand, Mediterranean, Europe and America, East and West Africa, South Africa, South America and other comprehensive freight rates and 1 1 minute route index. , compiled and released by Shanghai Shipping Exchange, first launched on April 3rd 1998, with 65438. This index objectively reflects the freight rate changes in China container transport market, and provides reference for the government and enterprises to make business decisions.