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MSC announced freight rates from Europe effective January 1, 2020 through January 31, 2020, listing base rates with carrier security fees and Panama Canal surcharges. The notice covers containerised shipping rather than bulk commodities.
Container rates have little direct effect on feed ingredient prices, which move mainly in bulk shipping, so the impact on feed markets is negligible.
container-news.comContainer News TeamDec 3, 2019Not 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.
