Container Shortage Makes Carrier Prices Only Valid for a Week

Capt. John
  • Vessel Shortages expected through Lunar New Year
  • Freight rates doubled in major Asian routes. 
  • Asian polymers hit by delays, price rises
  • Maersk’s Taiwan-India rate tops $4,000/FEU
  • The extremely volatile market is making prices valid only for a week. 
  • The container Shortage is likely to spill over the first quarter of 2021.

According to a Platts report, vessel capacity shortages and trade disruptions in Asia’s container shipping markets are impacting the region’s polymer trade flows and prices,...

https://mfame.guru/container-shortage-makes-carrier-prices-only-valid-for-a-week/

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