The CNY bottleneck has not yet impacted air freight. Prices continue to ease on the three major lanes.
China-US prices have now dropped nine weeks in a row, and are only 46% of their November 26, $4.825 peak.
It’s a similar, but less dramatic, picture with China-Europe prices. They dropped for the sixth week in a row, and are only 64% of their December 10, $3.65 peak.
Europe-US prices are back where they were on November 5, at $2.50. If it can be called a peak, the highest price in between was only 5c more. Some carriers offered promotional pricing right through the period.
| Date | Europe-US | China - US | China - Europe |
| 12/24/2018 | $1.52 | $3.78 | $2.85 |
| 12/30/2018 | $1.45 | $3.30 | $2.78 |
| 01/06/2019 | $1.53 | $3.12 | $2.70 |
| 01/14/2019 | $1.55 | $2.70 | $2.53 |
| 01/21/2019 | $1.50 | $2.20 | $2.33 |
