Drewry: Intra Asia Container Index Down 1%

Drewry's Intra-Asia Container Index (IACI) declined marginally by 1% this week to $1,503 per 40ft container. The IACI Composite Index stabilised, following six consecutive weekly increases and remained largely unchanged during the Chinese Golden Week holidays. This contrasts with the same period last year, when the index slid 12%. See detailed commentary below. IACI declines ...