Reported 12 months ago
Due to the Red Sea crisis affecting shipping schedules and limited vessel passage through the Panama Canal due to low water levels, there has been a continuous strong demand in the container market, leading to shortages in empty containers and a global crisis in port congestion. The Shanghai Containerized Freight Index (SCFI) continued to rise last Friday by 6.87% to 3714.32 points, marking the 12th consecutive increase and reaching a new high since early August 2022. However, despite the SCFI's rise, the stock prices of the 'container giants' in Taiwan all fell by more than the market. Investors expressed concerns about the future market, with some predicting a continued downward trend next week.
Source: YAHOO