Definitely, the sea freight is going up to an unbelievable price. Today, January 4th 2021, the quote from the agent is US$12000.
Both our client and us are hurt.
The situation should be caused by the stuck of containers at the ports all over the world except China. Shortage completely.
Place Order VS Pending Order
We have two kinds of clients for now, who places order more than $50,000 or pending orders. Which will be the winner? Let’s see what happens in the future months.
It may be lasting until March or April to coming down. So, could it be low inventory level for many products of all industries?