One container is hard to find! Concept stocks are up more than 170percent in three months

category:Finance
 One container is hard to find! Concept stocks are up more than 170percent in three months


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The reporter noted that, affected by this, the share price of container shipping stocks such as COSCO Haikong also continued to rise, up to 170% in nearly 100 days.

One container is hard to find, two lines of land container are popular

At present, there are no seats on the China Europe train, so we can only wait until mid December to see the situation. The reporter inquired about a freight forwarding company in Hangzhou as the cargo owner and got such a reply.

The freight forwarder told reporters that at present, both sea transportation and land transportation (China Europe train) are extremely tense. Similarly, the reporter got the same reply from a freight forwarding company in Tianjin. She suggested that if time is available, it is better to choose sea transportation and the price is cheaper.

Since the second quarter, especially since July this year, Chinas export volume has increased, and shipping prices have continued to rise against the wind, and the freight rates of the US west route have increased nearly three times compared with the beginning of the year. As of early November, its highest offer rose to $3887 / feu (40 foot container).

It is not only the US west route, it can be said that at present, all transport lines are rising, including the China Europe train for land transportation.

Whether the market can continue is still controversial

Fang Yong told reporters that looking back at the beginning of this year, affected by the epidemic situation, many people expected that the decline in Global trade would bear the brunt of the downturn, which would affect the shipping industry in the first place. To this end, many shipping companies have made response measures: reduce the number of ships, reduce the number of cases, resulting in the decline of transport capacity. In addition, containers are scattered all over the world and the backflow is not smooth, which leads to the irrational rise of the market.

Container shipping is a fully competitive market in the world. If the market is booming, Maersk and other giants will increase their transport capacity, so the high freight rate will not last long. Fang Yong said.

Earlier, CIMC also said that although the demand side of container growth is strong, the follow-up still depends on the impact of the epidemic situation and trade backflow, and combined with the degree of trade demand driven by European and American fiscal stimulus. On the whole, it is judged that at least the situation of shortage of containers will last for some time, but the situation of the whole year next year is not very clear. However, the reporter learned from various organizations that the optimistic expectation of the market for the container transportation market has a deeper industry pattern factor. For example, Yang Xin, managing director of Research Department of CICC and director of transportation and infrastructure research, believes that the concentration of the global container shipping industry has been greatly increased, and the share of the top ten transport capacity has increased from less than 60% 10 years ago to 83%. The market can expect the industrys profit center and valuation level to rise in the long run. Editor: Chen Qijue source: Shanghai Securities Journal Author: Yu Xiangming responsible editor: Zhong Qiming_ NF5619

Earlier, CIMC also said that although the demand side of container growth is strong, the follow-up still depends on the impact of the epidemic situation and trade backflow, and combined with the degree of trade demand driven by European and American fiscal stimulus. On the whole, it is judged that at least the situation of shortage of containers will last for some time, but the situation of the whole year next year is not very clear.

Editor: Chen Qijue