Downward pressure on spot rates: supply or demand?

Is the downward pressure on container freight spot rates due to reduced supply or demand?

"As the demand data (as an example published by Container Trade Statistics) is notoriously time-lagged, we used our timely and forward-looking supply side data to see if there was an extraordinary spike in deployed capacity, which could offer an explanation to this decrease," says the latest report from Sea-Intelligence.

https://www.itln.in/shipping/d....ownward-pressure-on-

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