The global supply chain chaos, the cannery will continue to worry about rising prices: can't buy 50 mosquitoes

The new crown pneumonia epidemic has ravaged the world for nearly two years, and its domino effect has already spread to the shipping industry.

Things are becoming more expensive around the world, and the UK even suffered from a shortage of soda, beer and other goods last month due to a shortage of carbon dioxide.

In fact, it is difficult for Hong Kong to take care of itself. From the Thai rice that every household must eat to the canned bean drum dace, the cost prices of all kinds of goods have been rising silently.

Ye Benliang, chairman of the Hong Kong and Kowloon Canned Wine and Food Merchants Association, revealed that since the outbreak, the price of rice in Thailand has soared by 70%. At present, only 20% of the rice in Hong Kong comes from Thailand and 70% comes from Vietnam.

And the price of canned fish such as tempeh in Hong Kong is almost sky-high. "If it is not a state subsidy, you can't buy canned food at all. Dace in tempeh? I think you can buy all 50 mosquitoes."

Since the outbreak of the epidemic, the price of rice in Thailand has soared by 70%. At present, only 20% of the rice in Hong Kong comes from Thailand and 70% comes from Vietnam.

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McDonald's in Hong Kong announced earlier that it would suspend the supply of crispy chicken wings, which made many citizens feel thunderbolt.

At present, the supply of grains and oils in Hong Kong seems to be stable, but in fact it is lurking.

The shortage of crispy chicken wings reflects the chaos in the global supply chain and serious shipping delays. The catering industry around the world has been hit hard, and Hong Kong is not immune.

Even on the Mid-Autumn Festival last month, Hong Kong fruit wholesalers were forced to move to Hong Kong by air for the first time for the first time in decades.

The cost of cargo transportation is estimated to increase by at least 30%

Ye Benliang, who has been in the wholesale industry for many years, said frankly that the global logistics supply situation is unusual. Shipping delays are composed of multiple factors. Just like the domino effect, one chain after another cannot be curbed, and the cost of cargo transportation is estimated to increase by at least 30%.

He explained that due to the outbreak of the epidemic in some countries, the city was closed, which caused a shortage of local manpower.

However, crops have a limited harvest time and cannot be processed into food after they wither. Food also lacks factory-produced cardboard boxes, glass bottles and other packaging tools, which means that the entire production line has been paralyzed.

"It's like our alcohol, for example, the epidemic in the past year didn't allow people to start work, and foreign workers didn't come in. The factories stopped, and they went to pick the grapes? There are people who pick grapes and change dominoes, and there are raw materials and winemaking. But the vineyard will not wait for you, the grapes will continue to grow, but after you have returned to the city for two or three months, the grapes are no longer necessary to lose. Even if you have the raw materials, you are all good. Go to the carton, pick up the glass bottle. There are so many questions, and there are new ones every day!"

Ye Benliang, chairman of the Hong Kong and Kowloon Canned Wine and Catering Merchants Association.

(Photo by Yu Junliang)

The Sino-U.S. trade war makes containers seem like a "one-way ticket" with no return

The Sino-US trade war is the last straw to overwhelm the camel.

According to the latest data from the Australian Wine Association, as of September 30, due to heavy tariffs imposed by the Mainland in the past year, the sales of Australian wine exports to China fell by 77%, and overall exports fell by 24%, a 5-year low.

However, Hong Kong's demand for Australian wine has increased by 135%.

Despite the struggle between the Mainland and Australia, Australian specialties such as lobster and red wine can only be promoted in Hong Kong, making Hong Kong people "coldly holding a hot frying pile" to be the beneficiaries.

But in fact, the wholesale industry has its own misfortune. Ye Benliang revealed that the trade war has reduced the orders from European and American countries to Hong Kong. Containers are like "one-way tickets" with no return, which greatly increases the cost of transportation.

He is fortunate that Hong Kong is an international logistics center. "There are so many ships that don't want to bury Hong Kong. Don't you want to ship back to Hong Kong by Kyrgyzstan, so the cost will be passed on to you?"

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Thailand's rice prices soared 70% of Hong Kong's rice from Vietnam

This is not only the situation where Baiwu is expensive. Wufengxing also increased its prices for the second time this year, referring to the increase in the wholesale price of live cattle last Thursday (21st) in response to the rising market for live cattle and the increasing cost of breeding.

In fact, there is a similar situation for canned food. Ye Benliang took the tempeh dace as an example. It turned out that 17% value-added tax was levied on the export of canned food from the Mainland to Hong Kong. In addition, the exchange rate difference between RMB and Hong Kong dollar was about 15%. The cost of canned food in Hong Kong was almost sky-high. .

"If it's not a state subsidy, you can't buy canned food, tempeh? I think you can buy all 50 mosquitoes."

At the same time, before the outbreak of the epidemic, the shipping industry was declining and it was difficult to cope with the sudden volume of shipments.

In fact, the Thai rice that Hong Kong people often eat is one of the strategic materials.

There is a quota system for every cargo ship arriving from Thailand to Hong Kong.

Ye Benliang revealed that due to the earlier outbreak of the epidemic and floods in Thailand, the price of rice in Thailand has soared by 70%. At present, only 20% of the rice in Hong Kong comes from Thailand, and 70% is from Vietnam, mainly purchased by restaurants and restaurants.

The Cannery Association sighed: I don’t know what will happen on Listening Day

With the severe shortage of supplies worldwide and rising transportation costs, Ye Benliang said frankly that he could not imagine the next development. “We don’t know how much the next shipment will cost to ship.” Compared to before the outbreak, the price of each container soared 10 times, an increase. To about 18,000 US dollars (about 140,000 Hong Kong dollars).

But in front of freighters, money can't solve the problem, just as rice has a quota, so can high-tech products.

"Each ship has a quota. If you miss it, you won’t be able to wait until the next month’s sailing schedule. In the old days, a lot of them were transported by air.

Ye Benliang has repeatedly lamented that the people of Hong Kong are not blessed in the blessing. In the post-new crown era, they can still enjoy goods from all over the world.

However, the domino effect has gradually affected our daily lives.

For example, although there are over a hundred types of beer on sale in Hong Kong, even if one or two of them are out of stock, it will only slightly affect the choices of the public, but there is a warning signal behind it.

"If you cut off one or two (goods), you might not be aware that the problem will get worse, because you don't even know that something will happen in the hearing day."

McDonald’s Crispy Chicken Wings｜Today’s 43 out-of-stock stores in the hardest hit area in Tung Chung, North Point. McDonald’s Crispy Chicken Wings will be out of stock due to postponement Delayed fruit must be shipped by air

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