In recent market dynamics, the SCFI (Shanghai Export Container Freight Index) fell for six consecutive weeks, plunging 9.77% to 2135 points. This trend has raised concerns about the future trend of freight rates, especially against the backdrop of the major strike at the US East Coast terminals.

Possible causes and impacts:

Supply and demand imbalance:

The global economic slowdown may lead to a decline in shipping demand and oversupply, exacerbating the decline in freight rates.

Impact of the strike:

Although the strike at the US East Coast terminals may affect container transportation in the short term, it may not fundamentally change the freight rate trend in the long run. If demand remains weak, freight rates will still be suppressed.

Market expectations:

Investors' lack of confidence in the future economic recovery may lead companies to reduce inventory and orders, further affecting shipping demand.

Other factors:

For example, fuel prices and shipping companies' adjustment of capacity may affect freight rates in the short term.