China-Europe freight train operation updates（Week 44）

In the 44th week, China-Europe freight trains operated?smoothly and all rail?ports ran well. Alashankou is the most efficient - it takes 3-5 days to reload generally. Without the influence of other factors, handling at this port?will maintain a?high efficiency.?Meanwhile, the reloading at Khorgos remains stable, and it takes an average of 5-7 days . It was previously reported that the construction in Zabaikalsk?may lead to a backlog of containers, while according to our?records?for two consecutive weeks, the?impact seems to be vague?- the reloading time in Manzhouli is about 7 days.

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In the European-bound lines, the fastest record?from domestic stations to Mala is 11 days, 15-21 days to Duisburg, and about 24-26 days to Milan; in the Russian direction, a?faster train can reach Moscow in 12-15 days, usually 16-25 days. It takes about 22 days from domestic stations to Minsk and 24 days to Selyatino.

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The spot?freight rates for this week are as follows:

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European-bound service:

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Westward trips?- The supply and demand are stable, and most of the spaces?on various platforms are scheduled until around mid-November. The spaces?in Chengdu is still very popular. which?have been scheduled to the beginning of December.?That?advantage?of price?continues. In?Chongqing they are only available?after the 10th. Suzhou plans to run a train in November, which is expected to depart on the 20th. Jinhua maintains a weekly frequency and plans to dispatch a train?every Saturday. Generally speaking, the?booking prices at each terminal?have not fluctuated?much compared with the past?week. In comparison, the prices?at?Jinan are slightly more advantageous in East and North China, but there are restrictions on cargoes.

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Eastward trips?- The space on returned journey?is relatively sufficient, and all platforms have schedules?in November. Eastbound trains running from?Mala, Munich, Duisburg, Hamburg, Budapest, Liege, Milan and other places have extra spaces every week. Depending on the quantity?and varieties?of cargoes received, shipping plans should be adjusted accordingly. More?attentions need to be paid when making?arrangements.

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Russian-bound service: The booking prices released by various platforms have basically remained stable. The number of spaces released in Chongqing, Xi'an, Hefei and other stations in November is stable and so are the prices. The spot freight rate stayed?within 6,000 US dollars. The supply?in Chengdu continues to be tightened. There are basically no spaces left for Minsk in late Nov. Recently, trains departing from Erenhot at Zengcheng, Datian and other stations in South China have also experienced small-scale "crash". Industry insiders analyzed that the reduction in shipment plans and insufficient capacity?are the main reasons.

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Central Asia-bound service: Transport demand is weak and?volumes are small. There are still some spaces that can be booked in early November. The trains from Zhengzhou and Xi'an to Central Asia have?abundant?schedules and stable departures, making them the first choice ?in East and North China. As the temperature drops, snowy weather gradually?shows?an impact ?on truck transportation, and the cost for?"rail+truck" transport?mode?is expected to grow.

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The container rental market fluctuated?in the 44th week, with prices on individual lines rising slightly. Container leasing prices to Mala?have not changed and those?from Qingdao, Tianjin, Shanghai, Ningbo, Shenzhen, Guangzhou to Hamburg, Warsaw and Lodz continue to rise, with an average increase of 7%-11%. In addition, the?container stocks are said to fall short at inland cities such as Xi'an, Chengdu, and Chongqing last week, and the shortage of containers have not relieved this week.