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Unexpected Container Shortage And Spike In Freight Plague Tire Makers
23 Views28 May 2024 17:17
The crunch in shipping containers and congestion capacity is driving an abrupt surge in ocean freight rates, impacting Asian rubber buyers. In an already tepid demand situation, rubber producers are plagued by rising raw material costs; a supply chain disruption could lead to further market discrepancies.
What is covered in the Full Insight:
- Introduction
- Asian Freight Rate Surge
- Impact on Rubber Producers
- Port Congestion and Delays
- Concluding Remarks
SUMMARY
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