Double whammy for food buyers as freight costs spike amid high grain prices
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Double whammy for food buyers as freight costs spike amid high grain prices
本帖最後由 geemong 於 2021-7-9 16:07 編輯
Double whammy for food buyers as freight costs spike
amid high grain prices
Rising costs to ship crops globally are เกมสล็อต adding to concerns about food
inflation that are already at decade-highs and hitting cost-sensitive consumers in
import-dependent markets.
The cost of bulk carriers that move grains and oilseeds from production hubs in
the Americas and Black Sea to key consumers have roughly doubled from last year
due to rising fuel costs, tighter vessel supply and longer port turnaround times amid
COVID-19 curbs, according to grain and shipping sources.
"Freight cost has become a real challenge as it comes when we see huge increases
in grain prices," said Phin Ziebell, agribusiness economist at National Australia Bank
in Melbourne.
"For years, buyers enjoyed low grain and freight prices. I see no immediate end to
high freight costs."
The cost of moving grains from Australia to Southeast Asia has risen to US$30
a tonne from US$15 last year, and to US$55 from US$25 from the US Pacific
Northwest to Asia, shipping sources said.
Ships carrying wheat from the Black Sea to Asia now cost around US$65 a tonne,
from around US$35 last year.
"It is the cost of bunker fuel and the cost of bulk ships lifting the prices of carrying
grains," said one trader at a leading brokerage in Singapore. "We also have
COVID-19 quarantine requirements slowing cargo movement." |
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