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An S&P Global Platts interview discusses factors driving up grain freight costs, including China's demand for grain and shipping. It covers why premium shipping rates are becoming the norm for Asian trade.
Persistent premium freight rates into Asia raise the delivered cost of grain imports, supporting higher landed prices for feed ingredients. The commentary frames elevated freight as a structural rather than temporary factor.
asian-agribiz.comZahrah ImtiazMar 10, 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.
