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| Higher East-to-West container prices to raise US polymer import costs |
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| News Source：http://www.jinchemical.com/
; SendDate：2011-12-23 17:43:23 |
Container prices for shipping polymers from Asia to the US West Coast were set to increase January 1, 2012, several trading sources said.
"Our rates are going up $350/container, and that's going to raise prices for our customers," said a US PET importer who brings in resin from China to the US.
The typical 20-foot container can hold 20-22mt of PET resin. A $350/container increase would then add about $16-17/mt or 0.72 cents/lb to the price of imports.
Another importer said he was notified of a $500-600/container price increase but was trying to negotiate it lower.
"Our margins are thin as it is, so the higher container price will have to be passed on," a PET importer said. |
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