Shipping prices of China US routes continued to decline

Since this year, shipping prices have continued to rise, especially for China US routes. According to FBX data, on January 1 this year, the sea freight price from China / East Asia to the west coast of North America was US $4222 / feu. On July 9, it exceeded US $10000 to US $10140. In September, it exceeded US $20000. On September 10, it hit the highest price of the year - US $20586, an increase of 387.59% over the beginning of the year; The sea freight price from China / East Asia to the east coast of North America was US $5394 / feu on January 1, US $10393 / feu on June 4, US $20636 / feu on August 6, and the highest price in the year was US $22173 / feu on September 10, an increase of 311.07% over the beginning of the year.
However, recently, the shipping prices of China US routes began to fall. According to FBX data, the sea freight price from China / East Asia to the west coast of North America began to fall after rising to US $20586 / feu on September 10, and fell to US $16004 / feu on October 8. In less than a month, the decline was 22.26%. The highest shipping price from China / East Asia to the east coast of North America also reached US $22173 / feu on September 10, and then entered the downward channel. It was reported to US $19421 / feu on October 8, a decrease of 12.41%.