Loading…
Rising bunker fuel prices, up about $180 per ton year over year, are raising costs for container lines and shippers. Carriers are seeking higher trans-Pacific contract rates.
Higher bunker costs push up ocean freight rates, which can raise landed costs for imported feed ingredients.
joc.comDustin Braden, Shipper Relationship ManagerFeb 27, 2017Not 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.
