Main factors affecting the sharp rise of sea freight price
1. Ship operation efficiency is mainly affected by the epidemic. For example, Indian crew members are ill and cannot return to work and production, resulting in personnel shortage, long waiting time for container transshipment and limited port transportation operation capacity, resulting in the continuous rise of shipping prices.
2. Export delivery date. Affected by the price rise of bulk commodities, the surge of online orders and other factors, the export delivery date is concentrated in August and September to reach the transportation peak. Among them, the Shanghai export container freight index (SCFI), which reflects the spot market price, hit another record high and rose for several consecutive weeks.
3. The transport capacity structure is unbalanced. For example, the freight rate of containers on popular routes between China and the United States has exceeded US $20000 per standard container, and even the freight rate has directly caught up with the air freight price, resulting in the "upside down" phenomenon that the freight is more expensive than the value of goods.
Development trend of sea freight price in the future
The international financial crisis in 2008 had a great impact on the international shipping industry. Among them, the sea freight price of American routes fell sharply, and the shipping companies operated poorly for a long time. After long-term cyclical fluctuations and repair, the rise of sea freight price is an inevitable choice. In particular, under the impact of the epidemic, the slowdown of container turnover efficiency, strong foreign demand, tight transport capacity of foreign ports, compression of transport capacity of shipping companies and uncertainty panic have contributed to the sharp rise of sea freight prices. In the future, route freight, ground and inland logistics fees, container demurrage fees and surcharges will still be the main factors affecting the high sea freight prices.
From the perspective of production cycle, it takes time to speed up the container and ship manufacturing capacity, increase the allocation capacity of popular routes and improve the ship operation efficiency. The sharp rise in sea freight prices is in the top range and will last for six months to one year.
Logistics dances with trade. The mode, channel and cost composition of international shipping will tend to stabilize with the maturity and richness of the trade network, and the high level of logistics cost will decline with the recovery of international trade.
