The Global XSI® index rose by 2.5% in July, reaching 151.5 points. However, it is still 4.0% below its December 2023 level, showing a persistent gap from last year's end despite the recent rise.
The XSI® sub-index for Far East Exports saw a significant jump of 12.6% in July, climbing to 178.8 points, largely due to the strong fronthaul trades to Europe and the US, which reflect higher demand and increased long-term contract rates in these areas.
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