The shipping cost incrase too much from China to each port

Dear Sir :
In these period , the shipping cost incrase too much from China to each port . We even can't order 1 container to some port.

Here is the world container index ,you can see the curve ,shipping cost go up so quickly .   Here is the link for your reference .
https://www.drewry.co.uk/supply-chain-advisors/supply-chain-expertise/world-container-index-assessed-by-drewry

world container index

Second , compair the container cost , it is almost double than last year .

Why this happened :

1. Because of COVID -19 ,many workers can't work in many ports .
2. Because of COVID-19 , some sailorman from India , they can't work .
3. A lot of containers left in the abroad port , so there are less containers in China .

We anticipate that the shipping cost will increase at least March. 2022 .

When everyone stop importing like what you thought, the market would have the supplying shortage gap soon, if you kept importing that means when others had the shortage of the supplying, you have enough stock, this supplying gap would help you to gain higher profits.

shipping cost increase

A successful businessman needs to have the unique business nose to smell the business chance, bigger chance, bigger bulk. (I am very sorry but l just analyze from the market rules, sure you are much smarter than me, if you had better ideas please must share them with me, it is really an amazing feeling to learn from you.

Looking forward to your kind reply.

Thanks & Best Regards

freightos blatic index

Post time: Sep-07-2021