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Feb.6, 2017

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www.joc.com THE JOURNAL OF COMMERCE 105 JOC By the Numbers 300 600 900 1,200 1,500 1,800 1/20/2017 1/1/2010 7/2/10 1,583.18 10/16/09 1,000.00 3/18/16 400.43 High: Base: Low: $0 $500 $1,000 $1,500 $2,000 $2,500 1/20/2017 1/1/2010 2/26/10 $2,067 10/16/09 $1,279 10/16/15 & 3/18/16 $195 High: Base: Low: $0 $500 $1,000 $1,500 $2,000 $2,500 1/20/2017 1/1/2010 3/5/10 $2,164 10/16/09 $1,232 6/19/15 & 3/18/16 $205 High: Base: Low: $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 1/20/2017 1/1/2010 2/13/15 $5,049 10/16/09 $2,439 12/25/15 $1,448 High: Base: Low: $500 $1,000 $1,500 $2,000 $2,500 $3,000 1/20/2017 1/1/2010 7/2/10 $2,833 10/16/09 $1,431 4/22/16 $725 High: Base: Low: To MEDITERRANEAN base ports* UP 15.5 PERCENT YEAR-OVER-YEAR: The Jan. 20 Mediterranean base port average spot rate was $1,004 per TEU, shedding $24 or 2.3 percent from the previous week, but up $135 or 15.5 percent year-over-year. The Jan. 20 level tumbled $275 or 21.5 percent below its Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* UP 2.1 PERCENT SINCE YEAR-END: The Jan. 20, 2017, SCFI comprehensive reading was 971.64 points, 18.60 points or 1.9 percent below the previous week, although 19.98 points or 2.1 percent above year-end 2016, and catapulting 291.42 points or 42.8 percent year-over-year. This index was 28.36 points or 2.8 percent below the Oct. 16, 2009, base of 1,000 points. To US WEST COAST base ports* SPIKES 52.9 PERCENT YEAR-OVER-YEAR: The Jan. 20, 2017, U.S. West Coast base port average spot rate was $2,167 per FEU, $44 or 2 percent below the previous week, but catapulting $750 or 52.9 percent year-over- year. The Jan. 20 index was $736 or 51.4 percent above its Oct. 16, 2009, base rate of $1,431 per FEU. To US EAST COAST base ports* SPIKES 48.4 PERCENT YEAR-OVER-YEAR: The Jan. 20 East Coast base port average spot rate was $3,647 per FEU, $53 or 1.5 percent above the previous week, but up $1,190 or 48.4 percent year-over-year. The Jan. 20 level is $1,208 or 49.5 percent above its Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* SPIKES 42.2 PERCENT YEAR-OVER-YEAR: The Jan. 20 North Europe base port average spot rate was $1,052 per TEU, $34 or 3.1 percent below the previous week, but a jump of $312 or 42.2 percent year-over- year. The Jan. 20, 2017, level tumbled $180 or 14.6 percent from its Oct. 16, 2009, base rate of $1,232 per TEU. SCFI - SHANGHAI CONTAINERIZED FREIGHT INDEX n Shanghai export average spot rates for the following four trade lanes are among the 15 component trade lanes in the weekly SCFI — Shanghai Containerized Freight Index produced by the Shanghai Shipping Exchange and weigh 57.5 percent of the SCFI comprehensive reading. SPIKES 42.8 PERCENT YEAR-OVER-YEAR: The Jan. 20, 2017, SCFI comprehensive reading was 971.64 points, 18.60 points or 1.9 percent below the previous week, although 19.98 points or 2.1 percent above year-end 2016. *Indices were not published on the following dates: 2010: Feb. 19, April 30, Sept. 24, Oct. 1 or Oct. 8. • 2011: Feb. 4 or Oct. 7. • 2012: Jan. 27 or Oct. 5. • 2013: Feb. 15 or Oct. 4. • 2014: Oct. 3. • 2015: Feb. 20 or Oct. 2. • 2016: Feb. 12, Oct. 7. Base ports defined: US West Coast — Los Angeles/Long Beach/Oakland; US East Coast — New York/Savannah/Norfolk/Charleston; Europe — Hamburg/Antwerp/Felixstowe/Le Havre; Mediterranean Sea — Barcelona Valencia/Genoa/ Naples. The freight rate includes ocean freight and surcharges including BAF/FAF, EBS/EBA, CAF/YAS, PSS, WRS, PCS, SCS/SCF/PTF/PCC. • *Low Sulphur Surcharge (LSS) was included from end of year 2014. Source: Shanghai Shipping Exchange, www1.chineseshipping.com.cn/en/indices/scfinew.jsp

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