At the beginning of 2022, due to high demand for shipping combined with tight capacity, containers were “hard to find”. However, this year, there was a sharp reversal in supply and demand in the international shipping market, and international shipping prices plummeted. According to data from May 26, the Baltic Sea Dry Bulk Index fell 3.54%, falling 12 times in a row to 1,172 points. That week's decline was the biggest in 4 months. According to the World Container Composite Index recently released by international shipping data agency Deluri, the current shipping price index has fallen to the level close to 2019. “The downward pressure on the global economy is strong, overall demand is weak. Coupled with geopolitical conflicts, sea freight rates are generally on a downward trend. It is expected that they will continue to operate at a low level in the future.” Kang Shuchun, chairman of China International Shipping Network Group Corporation, said in an interview. According to WTO forecasts, global trade prospects are poor this year, and the overall growth rate of the world economy is slow. The growth rate of world trade in goods is expected to be around 1.0% this year.