Turkey Freight Rate Update
by ChemOrbis Editorial Team - content@chemorbis.com
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for March, according to MTS Izmir. The new rates will be in effect from March 8 until March 31, 2015.
When compared to the most recent March adjustments, rates from China to Turkey decreased by $200/container for 20’ containers and by $250-350/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $150-250/container for 20’ containers and $200-250/container for 40’ containers. Rates from India to Turkey were steady after the most recent adjustment.
Rates from Northwest and Southern Europe to Turkey were stable. For shipments to Turkey from the Middle East, US and Egypt, rates were unchanged.
The following freight rates per container were reported effective as of March 8, 2015 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
The abovementioned freight rates are valid until March 31, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
When compared to the most recent March adjustments, rates from China to Turkey decreased by $200/container for 20’ containers and by $250-350/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $150-250/container for 20’ containers and $200-250/container for 40’ containers. Rates from India to Turkey were steady after the most recent adjustment.
Rates from Northwest and Southern Europe to Turkey were stable. For shipments to Turkey from the Middle East, US and Egypt, rates were unchanged.
The following freight rates per container were reported effective as of March 8, 2015 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
| From | To | Freight (USD/20” container) | Change | Freight (USD/40” container) | Change |
| China | Turkey | 850-950 | -200-200 | 1600-1700 | -250-350 |
| Southeast Asia | Turkey | 850-950 | -250-150 | 1700-1800 | -200-250 |
| USA | Turkey | **** | NC | 1775-1875 | NC |
| Northwest Europe (ARA) | Turkey | 750-850 | NC | 950-1150 | NC |
| Southern Europe | Turkey | 600-700 | NC | 750-850 | NC |
| Middle East | Turkey | 1100-1300 | NC | 1950-2150 | NC |
| India | Turkey | 1100-1200 | NC | 1950-2150 | NC |
| USA | China | **** | NC | **** | NC |
| USA | Egypt | **** | NC | 1875-1975 | NC |
The abovementioned freight rates are valid until March 31, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Supply constraints spark stronger PE trend than PP in global markets
- ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
