The Freight Rate Is 10 Times Higher! Taking Over The US West, The Price Of Southeast Asia Routes Has Risen Wildly
Since the beginning of this year, our country's foreign trade imports and exports have maintained growth, but the persistently high sea freight prices have brought considerable pressure to foreign trade companies. Not long ago, it has just dropped from a historical high, but with the recovery of production and consumption in Southeast Asia, it has risen again.
Since October, freight rates in the Southeast Asian shipping market have been rising one after another.
A foreign trade merchant in Yiwu said that the current price of containers sent from China to Indonesia has increased from US$1,700 to more than US$3,000, almost doubled.
Recently, some media reports mentioned that the freight rate of most routes also increased nearly double or triple within a month.
From South China to Ho Chi Minh Port, from the end of October to the beginning of December, the freight rate for a 40-foot container has risen from the original US$500 to US$2,000 to US$2,500, an increase of up to five times.
According to a freight forwarding company in Ningbo, Zhejiang, the freight rates of Vietnam and Thailand, including some ports in Indonesia and Malaysia, have generally risen to more than US$3,000. Before the epidemic, this freight rate may only be at the level of US$200 to US$300.
Since October, freight rates in the Southeast Asian shipping market have been rising one after another.
A foreign trade merchant in Yiwu said that the current price of containers sent from China to Indonesia has increased from US$1,700 to more than US$3,000, almost doubled.
Recently, some media reports mentioned that the freight rate of most routes also increased nearly double or triple within a month.
From South China to Ho Chi Minh Port, from the end of October to the beginning of December, the freight rate for a 40-foot container has risen from the original US$500 to US$2,000 to US$2,500, an increase of up to five times.
According to a freight forwarding company in Ningbo, Zhejiang, the freight rates of Vietnam and Thailand, including some ports in Indonesia and Malaysia, have generally risen to more than US$3,000. Before the epidemic, this freight rate may only be at the level of US$200 to US$300.
To our factory, our Southeast Asia client import sugar bulk bag and starch jumbo bags or IBC tanks, we consulted with our clients and settled the crazy increase of ocean freight mutually. Both our factory and each clients will burden half of the increase amount for good cooperation. And we sincerely hope we can face the difficulties together.
