Resources • Recipes • Industry News
With Demand Increasing for Many Coconut Ingredients,
Logistics and Freight Costs Continue to Inflate Pricing
Logistics and Freight Continue to Challenge the Supply Chain, But With Rates Plateauing at Near Highs, Hope Emerges.
As Chinese New Year begins, freight and logistics return to peak pricing from some origins, but some relaxation begins to come into focus.
As 2022 Begins, the 2021 Story Continues: Logistics and Freight Continue to Challenge the Supply Chains
Surge in demand on coconut ingredients for year end and baking season needs pair with existing logistics and freight costs to inflate pricing once again.
As coconut manufacturers start to see relief on raw material and production costs, international freight and logistics costs continue to be the big factor in landed cost. A new issue quickly coming into focus is the “Chinese New Year Rush”. This will likely compound the freight and logistics difficulties in November-January. Below we have provided an update on our products.