Quote:
Originally Posted by Howaitoguru
They had headers in stock the end of last year.
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End of last year means they were imported Q2 into Q3, which means in the middle of 2021 the shipping rates were high but not absurd.
Spot rates for a 20' container was anywhere from $15-30k in Q1 of this year, depending on what port it sailed from. That is about double from last summer and 4x what it was normally.
Quote:
Originally Posted by NoHaveMSG
So? Stainless is hard to get and most grades have almost doubled in cost over the last year alone. I have open orders with vendors that are a year old and lead times on new orders upwards of 73 weeks out.
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And the reason for this is because many importers have a fixed cost structure that could not account for sudden changes in pricing and are sort of waiting it out, otherwise they will lose a lot of money.
Or they're waiting it out to "raise" MSRP and also have customers cancel orders at old prices.
Coupled with the fact that the JPY plunged in value over the last 90 days and it's just making some vendors hurt more.