With the decline in the global economy, the cost of exporting products in China has dropped to the lowest in more than two years, and the prospects of the recording and profit company that recorded record profits in the epidemic was covered with shadows.
According to Bloomberg, Drewry's data shows that a 40 -foot container freight from Shanghai to Los Angeles from Shanghai to Los Angeles is $ 3779 (about S $ 5435).4,000 US dollars, only half of the price three months ago.The company expects that it is expected to fall in the next few weeks.
Although China's export value is still rising until August, the market is expected to continue to slow down.This is a signs of developed economies by multiple adverse factors, including surge in inflation, US dollar rising, central banks' interest rate hikes, and Russia's trade interruptions caused by the Russia's Ukrainian war.
"Fairly, the overall demand prospects of cross -Pacific shipping and container shipping are rapidly dark," said Drewry's senior manager Simon Heaney.
Factory in Europe and other parts of Asia is also reduced production.The slowdown in China's economic slowdown has also affected the demand for import. Both companies on the two continents have found that the slowdown in orders from Chinese companies has slowed down or even declined.
About two years ago, the import demand in the United States began to increase, resulting in the long line of ships in the South California until 2021, reaching 109 ships at its peak in January this year.As of last Friday, there were eight vessels in Los Angeles and Long Beach Port.
The imports of US containers have not declined, but they are slowing down to a more normal level before the epidemic.