China container shipping leasing rates go 2.5X in May, container prices rise by 88%

China’s container market is witnessing a 2.5x surge in container leasing rates since the beginning of May, and the average container prices, some report, have risen by 88% in the last two months (April-May). In this latest China market update, we try to deep dive into the possible reasons for this surge and identify trends that impact this highly volatile […]