China Export Ocean Freight Weekly — 2026-10-24

Name: China Export Ocean Freight Weekly Rate Index
Creator: Juhe Zhuang Rate Platform
License: https://www.jhz56.com/en/market-update/

Data as of 2026-10-24 · Week-over-week 2026-10-17 → 2026-10-24 · Juhe Zhuang Rate Platform

40HQ all-lane average$6,546WoW -1.4%

20GP all-lane average$5,335WoW -3.7%

Active quotes21,567across 632 ports

The short version: the all-lane average moved -1.4% week over week, but the regional picture is sharply divergent — 北美 +7.7%, 南美 +7%, 非洲 +6% rose, while 东南亚 -11% and 中东 -2.3% fell.

Regional averages (40HQ, USD)

Region	Average	WoW	Sample
欧洲	4,329	+5.5%	6,096
南美	6,842	+7%	5,806
北美	11,349	+7.7%	5,479
中东	5,926	-2.3%	3,290
东南亚	1,386	-11%	2,235
非洲	6,206	+6%	1,946
其他地区	6,460	-11.7%	582
澳新	5,892	-0.1%	371

Selected lane rates (40HQ, quoted range)

Lane	Range	Median	Carriers
Shenzhen → Laem Chabang	562 – 1,532	950	19
Shanghai → Santos	4,500 – 9,402	5,915	13
Shenzhen → Puerto Quetzal	6,315 – 9,802	7,650	10
Shenzhen → Lazaro Cardenas	5,415 – 7,350	6,850	11
Shenzhen → Rotterdam	2,900 – 4,750	3,706	10
Shenzhen → Guayaquil	5,515 – 7,400	6,850	9
Shenzhen → Buenaventura	5,515 – 7,400	6,850	10
Shanghai → Paranagua	4,500 – 8,717	5,915	11

Note: high-low spreads on a given lane routinely exceed 30%, reflecting carrier, routing (direct vs transshipment), equipment and surcharge basis — not a data error.

Three things that matter

1. 北美 leads with +7.7%

The 北美 average reached USD 11,349 per 40HQ, up 7.7% WoW on a sample of 5,479 quotes. Space is tight and the move reflects capacity management more than a demand surge; locking rates early beats shopping around.

2. 东南亚 falls 11%

The 东南亚 average was USD 1,386, -11% WoW on 2,235 quotes. Abundant short-sea capacity and dense schedules mean rates fall fastest when volumes soften — a renegotiation window for exporters.

3. Everything else

欧洲: USD 4,329 (+5.5%); 南美: USD 6,842 (+7%); 中东: USD 5,926 (-2.3%); 非洲: USD 6,206 (+6%); 其他: USD 6,460 (-11.7%).

Outlook

Up (北美, 南美, 非洲): capacity discipline should keep rates firm; book 2–3 weeks ahead.
Down (东南亚, 中东): further near-term downside is plausible; renegotiate.
Overall: absent a policy shift from carriers, expect the all-lane average to hold in a narrow band into early November.

Data note

Figures are drawn from live, publicly listed FCL quotes on the Juhe Zhuang rate platform (jhz56.com): 24,859 quotes in total, 21,567 currently valid, spanning 632 ports. Regional averages are computed from daily snapshots (41 days of history). Quoted rates are forwarder and consolidator reference prices, not transaction rates; final pricing is subject to carrier confirmation at booking.