Since the last eight months, Container shortages and rising freight rates have become the new challenge in supply chain management impacting largely the Agro sector as agricultural commodities largely ship in container vessels, causing loss of business in global trade.
Read more80-90% of world Trade relies on Trade Finance, says WTO. Trade finance can be used to protect international trade from risks such as currency fluctuations, issues of non-payment, the creditworthiness of the parties involved.
Read moreAnticipated that current demand will exceed production, causing disruptions to supply chains with pandemic leading to current supply disturbance. Good news for farmers though.
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