China Export Ocean Freight Weekly — 2026-11-02

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

Data as of 2026-11-02 · Week-over-week 2026-10-26 → 2026-11-02 · Juhe Zhuang Rate Platform

40HQ all-lane average$6,572WoW +0%

20GP all-lane average$5,319WoW -0.9%

Active quotes22,082across 632 ports

The short version: the all-lane average moved 0% week over week, but the regional picture is sharply divergent — 中东 +10.5%, 东南亚 +5.6%, 非洲 +4.1% rose, while 北美 -1.2% and 欧洲 -0.9% fell.

Regional averages (40HQ, USD)

Region	Average	WoW	Sample
北美	11,244	-1.2%	7,387
南美	6,983	+2.2%	5,448
欧洲	4,292	-0.9%	5,093
地中海	4,705	+0%	5,083
东南亚	1,485	+5.6%	2,886
中东	6,311	+10.5%	2,742
非洲	6,637	+4.1%	2,215
其他地区	6,201	-3.8%	550
澳新	5,948	+0.4%	323

Selected lane rates (40HQ, quoted range)

Lane	Range	Median	Carriers
Shanghai → Santos	3,500 – 9,402	5,200	14
Shanghai → Puerto Quetzal	5,900 – 9,792	7,730	15
Shanghai → Paranagua	3,500 – 8,717	5,200	13
Shanghai → Buenos Aires	4,020 – 10,026	5,300	13
Shanghai → Lazaro Cardenas	5,213 – 7,602	6,715	15
Shenzhen → Rotterdam	2,900 – 5,031	3,650	10
Shanghai → San Antonio	5,300 – 12,182	6,900	14
Shanghai → Itapoa	4,015 – 9,702	5,600	14

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. 中东 leads with +10.5%

The 中东 average reached USD 6,311 per 40HQ, up 10.5% WoW on a sample of 2,742 quotes. Space is tight and the move reflects capacity management more than a demand surge; locking rates early beats shopping around.

2. 北美 falls 1.2%

The 北美 average was USD 11,244, -1.2% WoW on 7,387 quotes. Abundant short-sea capacity and dense schedules mean rates fall fastest when volumes soften — a renegotiation window for exporters.

3. Everything else

南美: USD 6,983 (+2.2%); 欧洲: USD 4,292 (-0.9%); 地中海: USD 4,705 (+0%); 东南亚: USD 1,485 (+5.6%); 非洲: USD 6,637 (+4.1%).

Outlook

Up (中东, 东南亚, 非洲): capacity discipline should keep rates firm; book 2–3 weeks ahead.
Down (北美, 欧洲): 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): 31,752 quotes in total, 22,082 currently valid, spanning 632 ports. Regional averages are computed from daily snapshots (50 days of history). Quoted rates are forwarder and consolidator reference prices, not transaction rates; final pricing is subject to carrier confirmation at booking.