Loading…
Indian leather and textile exporters face container shortages and freight rates that have reached an all-time high, with rates to the US and Europe several times pre-Covid levels. Shipments are waiting more than two weeks for containers.
The story covers non-food container trade, so its direct effect on feed commodity prices is small. It does signal the broader container squeeze that is also limiting grain exports.
thehindubusinessline.comT E Raja SimhanMay 25, 2021Not 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.
