Many experts now think and believe that the world is heading toward a recession. However, that has not affected the prices of Chinese tires. As of now, raw material and finished goods supply chains are working rapidly and emerging from historic bottlenecks. This has finally given Chinese tyre manufacturers an excellent opportunity to supply tires…

Lower freight charges are one of the key reasons behind a steep drop in Chinese tyre prices. These freight costs have been decreasing steadily over the last few months and have contributed significantly to a gradual increase in foreign orders for Chinese tire makers and traders. In fact, it has been observed that the slow…

The majority of commodities are shipped around the world by water, and since the epidemic, the global freight market has been unstable and unreliable. The surge in freight is due to several factors, including the shutdown of some ports, a scarcity of containers, and the worldwide petroleum crisis. The rates for freight have tripled from…

As COVID 19 has reared its head again, Shanghai and other Chinese ports have been put under pandemic-related restrictions. While the ports are open for business, the lack of manpower is leading to prolonged waiting periods for the vessels at these ports. This backlog has led to a drop in the availability of transoceanic container…