A slow season? American shipping prices have dropped alarmingly
A slow season? American shipping prices have dropped alarmingly
Supply chain cross-border logistics
13:46 Guangdong, September 20, 2022
I don't know do foreign trade industry or international logistics industry friends have found that this year's shipping prices have been showing a fluctuation downward trend, especially the price of the United States line, the recent drop is really let a person panic, what is the specific thing? Follow the 18 supply chain to have a look.
According to the feedback of some freight forwarders, recently the sea freight price of the US line continues to decline, and the quotation of 12~14 yuan /kg for regular ships of Matsen and 10~12 yuan /kg for Yixing are also presented. To know this time period in previous years, as the shipping season, the United States line clippers these shipping space that is "a difficult", and even some cargo owners to increase the price to book the space, this year is contrary to the usual peak season, is it really as the industry as this year's peak season is not prosperous?
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Photo: Maison Notice
Matson CCX was launched in July 2021 as a proposed solution to address temporary expedited transportation needs during peak season. But he announced in August that the last voyage to China would take place on September 8. Matson chose to stop CCX overtime clippers during the peak season, which means they believe demand is lower this year.
In fact, many domestic sellers have also reported a decrease in order volume, which may be due to the loss of some orders to factories in Southeast Asia, but the bigger reason may come from the change and decrease of consumer demand in the United States. The United States is facing its worst inflation in 40 years. About 56 percent of respondents have felt the pain of rising prices, according to a survey.
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Under the influence of inflation, American consumers need to spend more money on necessities, and some unnecessary spending will be reduced. On the other hand, the local traders such as Walmart in the United States have overstocked their inventories due to their wrong forecasts. At present, they will mainly clear the overstocked inventories for a long period of time. As a result, the overall demand for U.S. goods imports will be reduced.
As the largest container port in the United States, the throughput of Los Angeles can show the import and export trade of the United States to a certain extent. According to the Port of Los Angeles report, the Port of Los Angeles handled a total of 805,672TEU in August, out of which 404,313TEU was imported. Imports dropped significantly, down 16.8 percent year over year and 16.7 percent from July.
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That in this case, freight forwarder American line prices "roll" up, at the same time cross-border e-commerce sellers a new round of price war will begin. Pinduoduo cross-border e-commerce platform Teum's low price in the United States site, is it going to add a fire to the price war?
This article is provided by 18th Supply Chain. For more up-to-date information, please see the official account "18th Supply chain"
