Re:Ocean shipping rates have plunged 60% this year
by nosianu on Wednesday September 07, 2022 @04:00AM
(#32747856)
> notably the change in pricing didn't seem to substantially affect the volume
I don't think that means much.
Changes would be long-term, there is a lot of inflexibility short-term, you can't just create new suppliers locally overnight. It also depends on expectations of where the price will go. If it is expected to be a local maximum and that prices will sink again then few will take the price as signal to move production locally.
I don't think that means much.
Changes would be long-term, there is a lot of inflexibility short-term, you can't just create new suppliers locally overnight. It also depends on expectations of where the price will go. If it is expected to be a local maximum and that prices will sink again then few will take the price as signal to move production locally.