The China Container Industry Association recently stated that since July, China’s export volume has increased sharply, and the demand for export containers has soared. Both the shipping market and China-Europe trains have experienced shortages of container sources, soaring freight rates, and delayed turnover.
In the shipping market, “it’s hard to find a cabin” and “it’s hard to find a box” happen frequently
According to CCTV Financial Report, August every year is the peak export season for foreign trade companies. But this year, Mr. Cao, who has been doing export business, is not happy. Because he cannot book shipping space, the goods ordered by the customer have been backlogged in the warehouse for several months and cannot be shipped out.
Cao Zhifeng, CEO of a Shenzhen Technology Industrial Co., Ltd.: This means that the factory cannot receive payment from customers in time, resulting in the factory currently Cash flow is very tight.
Mr. Cao told reporters that if the goods still cannot be shipped before September 25, they may not be able to catch up with this year’s Christmas sales.
Cao Jiaozhen, shipping agent of a Shenzhen Technology Industrial Co., Ltd.: The factory shipped the goods on June 25, and the shipping company said the sailing time was July 28. In one month, The goods were placed at Yantian Port in China, which meant that the ship receiving the goods did not arrive at the Chinese port as expected and was still parked in the United States.
According to customs statistics, my country’s foreign trade monthly import and export has maintained positive growth for 14 consecutive months. In the first seven months of this year, my country’s total foreign trade import and export value was 21.34 trillion yuan, a year-on-year increase of 24.5%. Among them, exports were 11.66 trillion yuan, a year-on-year increase of 24.5%.
Industry insiders believe that the demand for foreign trade exports is increasing, but the logistics capacity is limited, which may further increase the situation of “hard to find a cabin” and “hard to find a box”.
Sea freight prices are “high fever” and foreign trade companies are complaining that they can’t stand it
Except for not being able to order Space and containers, and what is even more troublesome for foreign trade companies is the continued rise in shipping prices. Many foreign trade companies said that the rising shipping prices are constantly eating into corporate profits. However, as an export-oriented enterprise, if it wants to maintain its market share, it can only sacrifice profits and grit its teeth.
Global Container Freight Index data on August 27 showed that after a short-term decline, shipping rates between China and the United States once again exceeded the US$20,000 mark. The high shipping prices have This puts many foreign trade export companies in a dilemma.
The export container freight index released by the Shanghai Shipping Exchange shows that on September 1, China’s exports representing the settlement price The container index (CCFI) closed at 3079.04 points, a record high, an increase of 31.72 points, or 1%, compared with last week, and a 269% increase compared to the lowest point of 834 points last year.
Cao Jiaozhen, shipping agent of a Shenzhen Technology Industrial Co., Ltd.: Starting from the second half of 2020, the shipping fee will be one price per day. In the past, the price of shipping a cabinet to Amazon was basically 3 It is about 10,000 yuan to 50,000 yuan, and now it costs 30,000 to 50,000 US dollars.
The CEO of a Shenzhen Technology Industrial Co., Ltd. said: The current sea freight for a container to Europe and the United States has reached between 150,000 and 200,000 yuan. Compared with before, shipping costs are 5 to 10 times higher.
Such a high shipping cost will probably increase the cost of each product by more than 200 yuan, and sometimes it may even be as high as 400 to 500 yuan, which basically dilutes the company by 30%. to 50% profit.
Among them, small and medium-sized enterprises are the most harmed, especially some export enterprises that produce low-value goods. The price of sea freight even exceeds the value of the product. . Some companies are losing money but can barely maintain operations, while others can only face bankruptcy and withdraw from the market.
Chittagong: More than 7,000 boxes were auctioned!
Exporters are racking their brains to persevere in order to ship goods, but on the other side, more than 7,000 boxes at the terminal are facing being auctioned!
It is reported that in order to free up space in the port yard and prevent containers from being occupied for a long time, the Chittagong Port Authority and Chittagong Customs have increased their regular auctions of containers Strength of goods.
On August 26, about 87 batches of goods were auctioned at the Chittagong auction house, while the last time on August 12, about 76 batches of goods were auctioned.
Chittagong Customs Commissioner Fakhrul Alam pointed out that the number of auctions has been increasing in the past four months, at least two and sometimes three times a month. And usually it’s once a month.
“The reason is that there are a large number of undelivered boxes in the port yard,” he added. “We are working hard to implement the relevant provisions of the customs law to reduce congestion in the port yard. “Customs stipulates that unless the importer picks up the goods on time, the goods will be sold at auction.
Alam said that even if the port authority sends the containers to the auction unit, importers can take delivery of the goods before the auction takes place by paying duties and taxes.
Currently, there are 7,045 containers waiting for auction in Chittagong Port’s auction units. Exporters may suffer huge losses as a result. </p
