369 cargo ships were blocked in the Suez Canal, and international oil prices rose sharply. The prices of light crude oil delivered in the New York Mercantile Exchange in May and Brent crude oil delivered in London both exceeded $60/barrel. Cheng, director of Baocheng Futures Finance Research Institute, believes that the Suez Canal blockade has a great impact on global maritime trade, but it has little impact on commodities.
Clarkson's research shows that about 80% of supertankers are exported from the Middle East to Asia every year. The crude oil transported through the Suez Canal is mainly exported from the Middle East to Europe and America, accounting for a relatively small proportion. This means that the impact of Suez Canal blockade on crude oil trade is short-term, and it may have little impact on China's crude oil imports.
Some analysts pointed out that the Suez Canal incident had the greatest impact on China, which should be the container freight rate or a sharp rise. Zhong, director of energy and chemical industry of Everbright Futures, pointed out that the Suez Canal accounts for about 25% of global container trade. With the "big blockage" of the canal, the shortage of containers in Asia is more serious, which leads to the rapid increase of container transportation prices and logistics costs.
It is worth mentioning that CCTV news pointed out that due to the temporary paralysis of the Suez Canal, China-Europe trains have become the best alternative for importers and exporters, and the number of consultations has increased significantly. Some experts pointed out that the incident also "reminded" global trade not to rely too much on shipping, but to promote the construction of logistics systems on highways such as trains in China and Europe.
The global impact of Taiwan Province cargo ships blocking the canal;
The cargo ship was horizontally stuck in the canal, blocking two-way traffic for more than 10 hours. The Egyptian government is organizing local forces to carry out rescue, but there is still no progress due to the large cargo ship. As a result of this accident, a large number of cargo ships and various ships were blocked around the Suez Canal. A large number of ships are blocked at both ends, including many oil tankers full of oil.
The Suez Canal, one of the busiest canals in the world, was blocked. Coincidentally, the international oil price rose by nearly 6% yesterday, which was a surprise for the Organization of Petroleum Exporting Countries. West Texas Intermediate for May delivery rose by $3.42 to close at $665,438 +0. 18 a barrel. Brent crude oil rose $3.62 that month to close at $64.4 1 barrel, the biggest increase since 1 1 early last year.
According to a report released by the us energy information administration on Wednesday, the demand for gasoline in the United States rose to more than 8 million barrels a day for four consecutive weeks last week. Domestic refineries process crude oil14.4 million barrels a day, which is close to the pre-epidemic level in February.
Refer to the above? China The highlights of com- Suez Canal are all played in the back!