1、 The shipping market is experiencing a roller coaster like surge
Affected by the ongoing Red Sea crisis and the replenishment wave in the North American market, global shipping prices began a crazy upward trend in late May. The latest monitoring data shows that the price of 40 foot containers on the US West Coast route has exceeded the $6000 mark, skyrocketing by more than 30% compared to early May, setting the largest monthly increase in nearly two years.
The latest price adjustment plan of mainstream shipping companies:
▶ EVA Shipping: Starting from May 23rd, with two additional price adjustments, the cumulative increase reaches $2200 per container
▶ Dafei Shipping: On June 1st, the US Western Line jumped $6100 and the US Eastern Line jumped $7100
▶ Hapag Lloyd: An additional fee of $3000 will be charged on all routes from June 1st to 14th
▶ Mediterranean Shipping: Inland Point Quotations Approaching 10000 yuan Pass, Starting at $6000 for US West Coast Basic Ports
▶ Maersk: $2000 price adjustment will be implemented in China on June 9th
2、 SCFI index releases danger signal
The latest data from the Shanghai Shipping Exchange on May 16th shows that:
The composite index surged 9.97% to 1479.39 points
The US West Coast route surged 31.7% in a single week to $3091/FEU
The US East Coast route has surpassed the $4000 mark, with a weekly increase of 22%
Shipping giants are responding to the surge in demand by increasing the size of their ships and restarting idle capacity. Maersk has resumed the trans Pacific capacity cut in April, and Premier Alliance has opened a new PS5 route to alleviate cabin pressure.
3、 The United States launches a surprise attack on the new energy industry
On May 20th, the US Department of Commerce announced a major ruling:
Impose a maximum of 721.03% countervailing duty on key materials (active anodes) for lithium batteries produced in China
Related tax numbers: 2504.10.5000 (natural graphite), 3801.10.5000 (artificial graphite)
The preliminary ruling of the anti-dumping investigation will be announced on May 27th, and the final ruling is expected to land in November
