Shandong Lintianzhiyuan CNC Equipment Co

[m_c]

I received a shipping quote last week, and I had to have a sit down.

The quote for shipping alone, was the same as what I paid in total including import duty and VAT to ship a lathe across last year. And this was a potential shipment half the volume, and only a single box, unlike the lathe which was 5 boxes and weight 4 times as much.

I knew prices had gone up, but not that much. I phoned up somebody I know who deals with international trading, they said shipping costs have probably quadrupled since I shipped the lathe. Their best guess estimate for when the industry thinks prices will drop, will be summer next year. They suspect as soon as China's exports are being noticeably hurt by shipping costs, the Chinese government will do something, because with current shipping costs, they're not that competitive.