I hate to burst the enthusiasm bubble, but can anyone tell me what the likely cost of ocean freight will be in 2022 or 2023? The WAK product will be shipped in 40’ containers weighing 26t. Based on the existence of this expense item in the DFS profit calculations (page 124), it seems that this cost is paid by WAK, not the buyer. And i assume the existing supply contracts have the price locked in at USD194 so WAK can’t recover the inflated freight costs by upping the price. If you redo the DFS profit calcs with double the freight cost WAK is not profitable and there will not be a stage 2.
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I hate to burst the enthusiasm bubble, but can anyone tell me...
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Open | High | Low | Value | Volume |
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1 | 119047 | 0.042 |
1 | 119716 | 0.040 |
1 | 250000 | 0.039 |
1 | 588235 | 0.037 |
Price($) | Vol. | No. |
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