With many Southeast Asian countries resuming factory production as well as imports of more industrial intermediates from China, both shipping costs and trade volume between the two sides have risen significantly this year, exporters and forwarders said on Wednesday.
“March usually is the peak season for global clients to purchase summer accessories. However, we received many additional orders from Southeast Asia in the second half of this month,” said Zhang Shengxian, an exporter of jewelry accessories based at Yiwu International Trade Market in Zhejiang province.
“The goods orders placed by our Southeast Asian clients have a distinct characteristic－demand for a short production and delivery cycle. We are desperately trying to catch up,” Zhang said.