• Praseodymium Oxide 99.5%min EXW Chinaup(16000)  07-30|Manganese Ore S.A. 36%min In Qinzhou Portup(1)  07-30|Manganese Ore S.A. 36%min In Tianjin Portup(1)  07-30|Manganese Ore S.A. 37%min In Qinzhou Portup(1)  07-30|Manganese Ore S.A. 37%min In Tianjin Portup(1)  07-30|Cobalt Metal 99.8%min Delivered Chinaup(7)  07-30|Germanium Metal 99.99%min Delivered Europeup(100)  07-30|Ferro-molybdenum 60%min In port South Koreaup(1.5)  07-30|Ferro-molybdenum 65%min In warehouse Rotterdamup(1.5)  07-30|Ferro-molybdenum 60%min Delivered Indiaup(80)  07-30|Germanium Metal 99.99%min Delivered USup(100)  07-30|Ferro-molybdenum 65%min In warehouse USup(1.5)  07-30|Ferro-molybdenum 60%min In warehouse Russiaup(80)  07-30|Neodymium Oxide 99.5%min FOB Chinaup(2000)  07-30
  • International ocean freight hits a ten-year high

    2021-08-18 12:03:09   [Print]
    The international ocean freight recently hit a ten-year high.Asian Metal Copyright The Baltic Dry Index rose 93 points or about 3% to 3,503 points on August 12, the highest level since the middle of 2010.Asian Metal Copyright On August 10, 2021, the World Container Index showed that the freight from China and South-East Asia to the east coast of North America exceeded $20,000 per container for the first time.Asian Metal CopyrightThe international ocean freight recently hit a ten-year high.Asian Metal Copyright The Baltic Dry Index rose 93 points or about 3% to 3,503 points on August 12, the highest level since the middle of 2010.Asian Metal CopyrightThe international ocean freight recently hit a ten-year high.Asian Metal Copyright The significant increase in freight made the proportion of logistics cost of export-oriented and low-value products of some small shippers (mainly private enterprises) rise from 5% to over 30%, which led to malignant accumulation of stocks.Asian Metal Copyright .Asian Metal Copyright The apportionment of freight also imposed pressure on the gross profit rate, causing obvious negative impact.

    Generally, winter is the peak season for shipping, so the freight pressure would not weaken in winter, which might aggravate the impact to products of high correlation with freight. Small shippers, low value and export-oriented products should get more attention.

    .Asian Metal Copyright Asian Metal Copyright
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