Spot rates have become more volatile than the broader box shipping market since 2020
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Sea‑Intelligence found that spot rates on the Asia‑Europe and transpacific trades have become more volatile relative to the wider box shipping market since the pandemic, with deviations between forecast and actual rates growing substantially after 2020.
The analysis showed a gradual upward trend in the gap between forecast and actual rates on Asia‑Europe, indicating that the overall market has recorded higher rates than would be predicted from spot prices alone, while contract rate stability was not demonstrated to have improved.