Soaring freight costs disrupting minerals, metals trade

By Davide Ghilotti
Published: Thursday, 12 November 2020

Fast-rising costs for container freight on a number of major shipping routes are causing disruption in trade flows for minerals and metals alike, sources told Fastmarkets on Thursday November 12.

The combination of fewer vessels on the water, an imbalance in trade flows to and from China, along with competition between cargoes, has kickstarted a rapid increase in shipping costs, making it harder for sellers to offer and for buyers to assess final prices.

One of the main routes affected...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.