Asia-Europe spot rates head for $20,000 per feu as new China Covid crisis bites
Ocean carriers are rolling out more rate increases next week, with FAK rates from Asia ...
The recycled plastics market was one of the trades badly affected during Spring’s Europe-Asia eastbound container capacity crunch. But while the major lines have resumed taking bookings from northern Europe to Asia, recyclers continue to suffer – a trebling of rates has badly affected prices, and the growth of China’s own recycling infrastructure means that it is having to import less.
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