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 ...
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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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