As a result of sustained elevated demand, including for raw materials from China, congestion continues to worsen at major Southeast Asian ports. Photo: Reuters
China shipping to Southeast Asia sees prices surge tenfold as reopening demand picks up
- Already taxed by the coronavirus pandemic, intra-Asian shipping routes have entered their traditional peak season
- Reopening and work resumption in Southeast Asia, as well as ongoing disruptions in the global logistics network, have contributed to record high prices
Topic |
Trade
As a result of sustained elevated demand, including for raw materials from China, congestion continues to worsen at major Southeast Asian ports. Photo: Reuters
