Recently, CCTV2 reported that the shipping market is in high demand and shipping costs in Southeast Asia have skyrocketed! The news has resonated with many foreign trade freight forwarders.
Since the beginning of this year, China’s foreign trade imports and exports have maintained growth, but the persistently high shipping prices have brought considerable pressure to foreign trade enterprises. Not long ago, shipping costs had just fallen from historical highs, but with the recovery of production and consumption in Southeast Asia, shipping costs are now rising again. Increased demand has caused shipping costs in Southeast Asia to soar, and it is difficult to get a cabin or an ideal price. It is understood that the cabin space in Southeast Asia is very popular and very tight, and the freight rates have also risen a lot. Recently, high containers have been rushing to three or four thousand US dollars.
Some ports in Vietnam, Thailand, Indonesia, and Malaysia have generally risen to more than 3,000 US dollars, and Thailand is approaching 3,500 US dollars. Before the epidemic, the shipping costs of these countries may only be at the level of 200 to 500 US dollars, and the increase in shipping costs at some ports has reached 10 times. Not only has “splicing boxes” and “making up boxes” become normal, even the corners of containers are now being targeted by companies.
Industry experts said that Southeast Asia’s resumption of work and production has increased demand and freight rates have risen beyond expectations. At the same time as Southeast Asia’s freight rates soared, China-US freight rates that had just subsided recently rebounded slightly. Friendly reminder: At present, it is approaching Christmas abroad and Spring Festival in China. The traditional peak season is coming.
It is expected that shipping prices will not fall for a short time. If you want to ship goods, hurry up!
Post time: Aug-10-2023