Analysis Of Influence Of Recent International Shipping Situation On Stone Import And Export

Apr 28, 2022

Across the globe, the pandemic continues to disrupt economies. From the second half of last year up to now, the global shortage of containers, bursting, container rejection, freight

The status quo of crazy price increase has been continuing, which has a great impact on China's stone import, and the price of imported stone shows a rising trend.

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I. Rising prices of international shipping and shortage of shipping space

1. The price of international shipping is rising rapidly. Shipping prices rose more than 40% in the first half of the year. At the end of June 2021, The China-Europe Maritime Market

Freight rates rose 1.2 percent from the previous week, with spot market rates on European routes up 18.2 percent from the previous week; Spot market rates on the Us - West line compared to last week

Up 5%; Spot market freight rates on the Eastern U.S. line rose 5 percent from last week. On June 27, Platts Container Rate 1 showed north Asia to North

Continental European container freight rates soared by $12,000 /FEU, up $1,500 /FEU from the previous week, compared with a year ago when this route was assessed.

Of us $1300 /EU. Recently, the north African shipping line container freight price is about to break through 17,500 DOLLARS; Middle East route. - A 40-inch one.

Container prices, which peaked at less than $3,000 last year, topped $800 at the end of June. And this is only the basic freight rate, the final shipper needs

Pay freight rates, often much higher. At present, many shipping companies have issued further price announcements. The current state of affairs is, a lot of goods

Don't look at the price, book the space and guarantee the space.

2. International transportation is greatly affected. At present, due to congestion of foreign ports, low efficiency of loading and unloading, rising costs and insufficient transport capacity,

Transportation time is greatly affected, resulting in the container on-time rate from the usual 70% or more down to the current 20% or so. From the beginning of the epidemic

The shipping industry has fewer empty containers turning around, largely because of a shortage of dockworkers once unloaded from ships,

The time it takes for containers to return to port has increased dramatically, with some taking up to four weeks to unload

To return to port, compared to about seven to 10 days in early 2020.

There is a shortage of sailors to replace the shift. Because of the severe situation of the epidemic in India, some countries have banned the entry of sailors who have been to India

Some companies have even stopped recruiting Indian seamen. India is home to 240,000 of the world's 1.6 million seafarers. The entry restrictions undoubtedly further intensified the opposition

The impact on the shipping industry. And it is unlikely to ease in the short term. Industry insiders say that the supply chain disruption caused by the crew can not be replaced

The blockage of the Suez Canal in March will be nothing compared with that.

Ii. The influence of international shipping situation on China's stone import and export

1, the price of imported stone. To rise. 65% of Marble, 20% of granite and 30% of other stone materials from China are imported. And import stone

Material international freight accounts for 35% of the terminal price. Since the second half of last year, the international transportation price rises, low time of the situation, so that

Imported stone cycle increases, cost increases. But domestic stone demand basically remains flat. Domestic market imports stone in the first half of the year to maintain 5-

A 10% price increase; At the same time that digests inventory continuously, can foresee, second half year domestic import stone material will continue to maintain certain price rise

Picture.

2, the temporary impact of stone export is not big. Stone exports are also affected by international shipping, but due to the impact of the epidemic worldwide, based

Construction is generally stopped or slowed down, stone export orders are either reduced or delayed, so the current shipping situation does not affect stone export

Big.


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