In April 2022, the Ningbo Containerized Freight Index, NCFI of the Maritime Silk Road Index (www.msri.cn) released by Ningbo Shipping Exchange (www.nbse.net.cn) averaged 3427.6 points, down 6.8% from the previous month and up 46.2%
Besides from the shutdowns and restarts above, there’s also market news saying that a PX producer in South China plans to shut its lines with combined PX capacity of 1.6 million mt/yr in Jun