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Freshplaza reports that container shortages and booking delays of up to six weeks are congesting Asia-to-Latin America shipping, with freight from Asia to Panama rising from $4,000 to $15,000 per container. COVID infections at Yantian port added to delays and higher freight rates.
Soaring container costs and delays raise import costs for Latin American buyers of feed ingredients and additives, such as amino acids and premixes, and can squeeze feed margins in the region.
freshplaza.comJul 16, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
