China's foreign trade shipping is troubled, export companies "hard to find a cabinet"
China’s foreign trade, which has "decreased first and increased later" this year, has greatly exceeded expectations. This has led to a series of unexpected extreme conditions in the foreign trade shipping field, such as shortage of containers, explosion of containers, rejection of containers, port jams, sky-high freight rates, and lottery bookings. Unseen phenomena are frequently exposed, becoming the biggest problem facing foreign trade companies. Caijing reported that the continued strength of freight rates on the West Coast and East Coast routes promoted the overall increase in the container shipping price index. Experts said that the trend of short-term ocean freight depends on the game between foreign trade companies and shipping companies. Due to the weak bargaining power of foreign trade companies, prices have risen. However, this is mainly due to the congestion caused by the slow turnover of containers. In the long run, there is no need to worry too much. The high cost of maritime logistics will have limited impact on my country’s exports in the short term. Experts suggest that export companies should prepare emergency plans and risk warnings, pay attention to changes in freight rates and exchange rates, and seize the opportunity to arrange production and shipment. It is expected that after February and March next year, ocean freight rates are expected to gradually decrease and return to normal levels.
