Jakarta, CNBC Indonesia – Disruption of world supply chains has an impact on the rate of delivery of goods between countries. As a result, this leads to scarcity and rising cost of container space in shipping. This happens in many countries in the world, including Indonesia.
SOE Minister Erick Thohir has said that the scarcity of containers occurs because there is no balance of world trade. The ship’s sailing schedule is getting less and less which makes the price of cargo shipping or freight jumped drastically. As a result, several countries have had problems with the supply of raw materials.
“Containers are very short, yesterday I had a meeting with the South Korean Ambassador for the first time, Korea lacked UREA. The industry asked us to export there. Global trade policy was conveyed by the President during the G20 supply chain this affects, so we are asked to send raw material as much as possible,” said Erick in the webinar Portrait of the Future of the Indonesian Logistics Industry in the Era of Disruption, Tuesday (11/23/2021).
Coupled with China, which recently imposed a very strict Covid-19 quarantine policy.
This shortage is recognized by Indonesian exporters. These exporters feel the increase in the cost of shipping containers to export markets as a result of the scarcity of these containers. However, this time the same thing happened in the country.
The Director General of Domestic Trade at the Ministry of Trade, Oke Nurwan, said that due to the scarcity of containers that occurred in many countries, it also had an impact on domestic trade.
According to him, at least this has happened since the second quarter of 2021, when the cost of container shipping services has been observed to increase.
“Initially it didn’t have an impact, but in the second quarter of this year it has had an impact on domestic container prices,” he explained in an Indef webinar, Wednesday (11/24/2021).
He said the increase in the price of domestic container shipments to Sumatra rose by 30 percent, especially to Medan, which rose by 40 percent, while eastern Indonesia rose by 15 percent.
Besides being difficult to get container space, the increase in shipping prices by sea is due to rising fuel prices, where bunker costs have increased from the calculation from US$ 600 to US$ 1,200. In addition, there is an increase in maintenance costs such as spare parts which are increasingly expensive due to imports.
(mon / wia)
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