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 for a third time for November with decreases, according to MTS Izmir. The new rates will be in effect from November 13 until November 30, 2015.
When compared to the most recent adjustments, freight rates for shipments from China to Turkey declined $100/container for 20’ containers and $200/container for 40’ containers. Rates from Southeast Asia to Turkey were also down $100/container for 20’ containers and $200-250/container for 40’ containers. Rates from India to Turkey remained unchanged.
Rates from Northwest and Southern Europe to Turkey were stable. Rates for shipments to Turkey from the Middle East and the USA were also unchanged.
The following freight rates per container are effective as of November 13, 2015 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
The abovementioned freight rates are valid until November 30, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
When compared to the most recent adjustments, freight rates for shipments from China to Turkey declined $100/container for 20’ containers and $200/container for 40’ containers. Rates from Southeast Asia to Turkey were also down $100/container for 20’ containers and $200-250/container for 40’ containers. Rates from India to Turkey remained unchanged.
Rates from Northwest and Southern Europe to Turkey were stable. Rates for shipments to Turkey from the Middle East and the USA were also unchanged.
The following freight rates per container are effective as of November 13, 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 | 400-450 | -100-100 | 800-850 | -200-200 |
| Southeast Asia | Turkey | 400-450 | -100-100 | 850-900 | -200-250 |
| USA | Turkey | **** | NC | 1400-1500 | 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 | 800-900 | NC | 1450-1550 | NC |
| USA | China | **** | NC | **** | NC |
| USA | Egypt | **** | NC | 1475-1575 | NC |
The abovementioned freight rates are valid until November 30, 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...- Shipping costs show no sign of abating yet
- PP, PE gains extend into April but demand slips further in Africa
- Triple-digit hikes send Europe’s PP market to fresh all-time highs
- Turkey’s PET markets extend drops into April, pervaded by weak demand
- US PVC offers resurface at competitive levels in Egypt, Turkey
- China import PE prices extend losses into April on lower costs
- Bullish price environment continues in Egypt’s PP, PE markets
- Unexpected plant shutdown fails to cease local PP downturn in Indonesia
- Export PVC prices out of China provide competitive edge
- European PP, PE set for 6th bullish month, is peak near?
