NEWS

NEWS

United Chemical overcomes the dilemma of rising costs and guarantees the supply


Release time:

2024-06-20 10:00

Source: United

Ocean- TPEB

Volumes continue to be very strong and above last year’s numbers on Transpacific while we see structurally blank sailings due to Cape of Good Hope (COGH) routings and port congestion in Asia and North America.

 

Floating Rates: All General Rate Increases (GRI) for June are expected to accelerate in the short term since vessels leaving Asia are expected to be full through June: Pacific Southwest is full; Pacific Northwest is close to full into the end of the month and into June. Particularly Vietnam, South/East China (Yantian/Shanghai/Ningbo) into the Pacific Southwest is especially tight.

 

Fixed Rates: Ocean shipping companies successfully implemented a Peak Season Surcharge (PSS) on June 1st, about a month earlier than normal. PSS was raised again on June 15th, and there will be further adjustments in July.

 

As an industry leader with an annual output of 100,000 tons of Potassium perchlorate and 30,000 tons of Potassium chlorate, United Chemical has been enjoying a high reputation in the international market with high-quality products and reliable services. However, the sharp rise in sea freight has undoubtedly brought severe challenges to the company's export business.

 

In the face of this unexpected situation, the company quickly launched an emergency plan, organized a professional team to analyze the market situation deeply, and actively negotiated with several shipping companies, striving to optimize transportation plans and reduce costs while ensuring transportation quality.

 

After a series of efforts and careful arrangements, United Chemical has overcome numerous difficulties and delivered batches of Potassium perchlorate and Potassium chlorate to customers on time, interpreting its commitment and responsibility to customers with practical actions. United’s manager said: "Although the increase in shipping costs has brought us huge cost pressure, we always put the needs of customers first. No matter how great the difficulty is, United Chemical will do the best to ensure the timely supply of products, and safeguard the interests of customers and our market reputation."

 

The successful response to the challenge of shipping costs not only shows the strong adaptability and teamwork spirit of Hunan United Technology Co., Ltd. but also further consolidates its leading position in the chemical industry. We believe that in the future, United Chemical will continue to uphold the principle of customer first, continue to innovate and make breakthroughs, and provide better products and services for global customers.