15 Hrs_1777293978995_62445876.jpg&w=64&q=75)
Source:
أخبار الخليج
Shipping Drives Basic Commodity Price Rise
The local markets have experienced increases in the prices of basic food commodities, due to the rising costs of shipping and transportation, especially with the price of salt soaring by approximately 150%, and the prices of legumes and pasta increasing by about 20%. Shipping costs have risen significantly, as the cost of shipping a container of salt from India has gone from around $500 to approximately 6,000-7,000 dinars, directly leading to higher prices for some of these goods. The study highlighted that inexpensive goods are more affected in percentage terms by increased transportation costs, even though the impact of these increases is limited on the end consumer who purchases small quantities. In contrast, restaurants and industries are more heavily affected due to their continuous need to buy large quantities. Geopolitical tensions and disruptions in shipping routes remain key factors contributing to higher costs and price fluctuations in the markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)