Dried Fruit

Desiccated coconuts: delivery delays due to imminent strikes in France

February 1, 2021 12:08 PM, Der AUDITOR
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MANILA/PARIS. While factories on the Philippines are slowly catching up in production, new difficulties are already ahead: Strikes have been announced in France, which are also expected to affect work at the ports.

Freight costs down

The experts at T.M. Duché report that a little relief has come to the situation of extremely high freight costs. While shipping a 40' FCL in mid-January had cost up to USD 16,000 in some cases, prices have dropped to around USD 10,000, which is still well above the usual USD 2,000. It remains uncertain when freight prices will return to a normal level - but market players fear that the high price situation could persist well into Q3. In addition, there are noticeable differences between shipments to EU ports and port

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