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Lunar New Year shipping market

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2026
DATE
02 - 09
Freight Rates Continue to Decline! All Four Major Shipping Routes Slide Further
In February, the SCFI dropped 3.81% to 1266.56 points, falling for five consecutive weeks, with all four major routes sliding. The US West Coast, US East Coast, Europe and Mediterranean routes all declined, while Japan routes remained stable. Carriers adopted capacity control and planned rate increases, but the post - holiday demand recovery will determine the rate trend.
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