Price of MgO rise up? No, it's sea freight.
- Issue Time
sea freight from Dalian to India port rise up a lot
From May, sea freight from Dalian to India port rise up a lot, before it's around USD400/20FCL, in May, it's more than USD500/20FCL, while from the shipping lines, we know that, from June, it's more than USD600/20FCL, and short of containers. This will definitely influence magnesium oxide export.
We hope that it won't rise up this much as it influence our clients benifites, and it's too much higher than the market.