Saturday , May 18 2024
Home / Mike Norman Economics / Shipping Container Shortages In China Crimp Exports To West — Tyler Durden

Shipping Container Shortages In China Crimp Exports To West — Tyler Durden

Summary:
Just how high can Asia-U.S. East Coast spot rates go? Well, the cost of chartering a 40-foot container from China to the US East Coast soared to nearly k this week, up 85% since June 1, according to Freightos data in Refinitiv Eikon....Zero HedgeShipping Container Shortages In China Crimp Exports To WestTyler Durden

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Peter Radford writes Lost opportunities?

Joel Eissenberg writes Oh, Elon!

Angry Bear writes Role Of Medicaid Accountable Care Orgs In Maternal Health

NewDealdemocrat writes April consumer prices: still an interplay of gas and house prices, with a side helping of motor vehicle insurance

Just how high can Asia-U.S. East Coast spot rates go? Well, the cost of chartering a 40-foot container from China to the US East Coast soared to nearly $5k this week, up 85% since June 1, according to Freightos data in Refinitiv Eikon....
Zero Hedge
Shipping Container Shortages In China Crimp Exports To West
Tyler Durden
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *