Container prices tumble after Christmas rush, offering respite for exporters

Shipping container prices have declined for the first time this year after skyrocketing to historic highs as China’s Christmas exporting season slows, creating a temporary respite for exporters.The average sale price of a 40-foot container in China has plunged by 22.5 per cent since the end of September, to US$6,598 this week, according to Container xChange, an online platform for the leasing and trading of shipping containers.For container leasing, Container xChange’s data shows that the…