Overview of port operations
The China-Europe freight train operated smoothly in the 48th week, with trans-shipment well maintained at all ports, and the impact of extreme weather fading. The congestion at ports and terminals had slightly eased. The reloading work at Alashankou and Khorgos took about 5-7 days. In the European direction, routes remains stable. The T/T from domestic stations to Mala is about 11-12 days, and to Duisburg and Budapest is about 16-18 days.
Outbound service: In December, the supply of spaces in Chengdu is slightly tight; only a few spaces are open to public at the middle of the month on public and customized trains . There is sufficient supply of spaces in Xi'an; those on regular and express trains to Duisburg are still waiting to be sold. Zhengzhou also provide abundant FCL and LCL spaces destined for Hamburg, Munich, Liege, Warsaw, and Katowice. There are a small number of empty ones remaining in Jinan in early December, and the plans and prices for the Suzhou are yet to be announced.
Inbound service: Most booking prices at major platforms were released this week; trains returning to Chongqing from Duisburg, Hamburg, and Mala run stably, departing every Friday. The spaces for Duisburg-Yiwu and Mala-Yiwu are tight, with prices rising by $400 in December. As of Monday morning, cabins returning to Zhengzhou from Munich, Liege, Milan, Warsaw, Brest and other places are temporarily suspended, and specific plans are awaiting for further notice.
The supply is relatively sufficient until mid to early December. At the beginning of the month, there are vacant spaces open on trips from Xi’an to Khorgos and Alashankou, and at the middle of the month, there are vacant ones to Almaty and Tashkent, and the booking price has increased by 2000-3300 respectively. FCL and LCL service are all welcomed at trains from Zhengzhou to Tashkent.