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The high level of sea freight dropped

2022-04-12

Although the cost of fuel has soared, the international sea freight, which was originally high, has dropped significantly in the near future.

One of the reasons behind this is that the upgrading of epidemic prevention and control in some parts of China has led to the obstruction of the supply chain, which has changed and adjusted the market supply-demand relationship that was originally "hard to find in one box". At the same time, changes in the international situation have also had an impact on the global consumer market.

The actual shipping price of container ships has dropped by an average of about 20% since the Spring Festival. The freight rate from China to the west of the United States has dropped from about 12000 US dollars to 8000 US dollars, more than 30%, and the decline in the European line is even greater. " Zhou Shihao, CEO of China's one-stop international logistics service platform "where to go", pointed out that the main reason for the decline was that the originally tight supply and demand situation of transportation capacity had changed. "There are still so many ships on the market, but the export volume is expected to decline by 30% ~ 40% recently".

Prior to this, Zhou Shihao predicted that the shipping price would remain high and volatile in the next two years. The recent emergency obviously changed this trend and triggered the largest decline since the outbreak of the epidemic in 2020.

According to the news released by Shanghai Shipping Exchange on April 2, the epidemic has spread in some parts of China recently, but it is generally controllable. China's export market remains stable. This week, China's export container transportation market was generally stable, and the freight rates of many ocean routes fell from a high level. On April 1, the comprehensive freight rate index of Shanghai export containers released by Shanghai Shipping Exchange was 4348.71 points, compared with 4434.07 points last week.

With the escalation of epidemic prevention and control, China's supply chain is generally trapped in domestic logistics. From raw material procurement to post production shipment, the whole process has slowed down.

According to the data previously provided by vesselsvalue, from March 16 to March 30, the number of various types of ships waiting in the sea area near Shanghai did continue to rise, from 98 to 347. However, the substantial increase was mainly due to dry bulk cargo ships and oil tankers, while the number of container ships decreased continuously from 75 on March 20 to 39 on March 30, reducing by nearly half.

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