Cargo Handling Corporation Rate Increase: Risk of Increased Prices on Some Products

8 years, 1 month ago - May 09, 2013
When this is not the commodity prices on international markets are rising, prices are handling containers of the Cargo Handling Corporation (CHC). An impact on the prices of some products, such as fruits and vegetables by 2% to 3% is possible.

The Cargo Handling Corporation (CHC) Ltd will increase its charges for handling containers in port on June 1, 2013 from 14.3% in captive cargo and 10% transhipment. These price increases will eventually have an impact on certain products imported and placed on the market in Mauritius.

For example, a price increase of about 2% to 3% of imported fruits and vegetables can not be ruled by Suren Surat,  director of Surat SKC, which imports and sells these products. "This increase comes at a time when sales are down and we have pressure to get our prices down," he says.

However, consumer prices are not all affected by this increase. For example, products that are imported in large quantities like the rice from the State Trading Corporation (STC) will be minimally affected and therefore should not see their premium prices. Thanks to economies of scale freight cost is minimal on these products.

There are no imports will be affected by this measure. Indeed, the rates of CHC also apply to products exported from Port Louis. "It is difficult to predict how this price increase will impact on our exports. However, if the performance of the parallel port also increases and the vessel traffic also increased by 14% we will be winners. We need an efficient port. Over a long boat is docked, it costs more money to the owner as well as exporters and importers, "says Guillaume Hugnin, director Panexport.

As a reminder, in 2011, freight traffic in Port-Louis reached 6.5 million tons. The Mauritius Port Authority (MPA) estimates for 2012 traffic of goods more than 7 million tons, an increase of 12% compared to 2011. Also in 2012, the volume of containers increased by 28% with a transhipment traffic increased by 45%. Moreover, for the last nine months, the container traffic in import and export has increased by 7%.

 

Text by Patrice Donzelot, Defi Media

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