Shanghai Export Container Composite Freight Index Rises 2.7% to 3,326.87 Points on July 3

According to Shanghai Shipping Exchange, the Shanghai export container composite freight index reached 3,326.87 points on July 3, up 2.7% from the previous period. The rise reflects continued strength in China's containerized export shipping market, with rates climbing on most routes. The momentum aligns with improving economic activity—China's manufacturing PMI rose to 50.3 in June, returning above the 50-point expansion threshold and signaling renewed manufacturing expansion.
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