Container freight rates from India remain high despite increased shipping through the Gulf after the Strait of Hormuz blockade eased. Rates to Jebel Ali are around $8,000 per 40-foot container, while rates to the US and Europe are about $12,000 and $8,500, respectively.
Elevated freight charges increase the delivered cost of goods moving from India and constrain the competitiveness of export flows. The added shipping cost is supportive of ocean freight rates and can raise landed costs for feed ingredients.
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