{"id":41875,"date":"2021-07-10T09:17:24","date_gmt":"2021-07-10T07:17:24","guid":{"rendered":"https:\/\/www.cigarjournal.com\/?p=41875"},"modified":"2021-07-10T09:24:54","modified_gmt":"2021-07-10T07:24:54","slug":"industry-news-pca-july-9th","status":"publish","type":"post","link":"https:\/\/www.cigarjournal.com\/de\/industry-news-pca-july-9th\/","title":{"rendered":"Industry News | PCA, July 9th"},"content":{"rendered":"<p>One of the big items being discusses it a lack of supplies.\u00a0 Boxes seem to be a big issue even though there are many box factories in the cigar countries.\u00a0 Part of the problem is the backlog since all cigar and box factories were closed at various times during the past year\u2019s pandemic.<\/p>\n<p>Further complicating the issue is the problem of getting items from China.\u00a0 Some companies use boxes made in China, and many of the popular lighters are also made there.<\/p>\n<p>Earlier this month, the port city of Guangzhou reported a surge in Covid cases and the government immediately shut down that busy port.\u00a0 The shut down lasted about a week but that was enough.\u00a0 According to CNN the lockdown caused significant delays\u00a0 in Yantian another major port about 50 miles from Hong Kong.\u00a0 Prior to the shutdown, that port handled about 37,000 20-foot shipping containers every day.\u00a0 As a result, the week\u2019s delay caused a ripple effect that had a domino effect forcing overloads at other ports.\u00a0 Even Los Angeles and Long Beach were affected as traffic jams overloaded those ports.<\/p>\n<p>Then there is a shortage of shipping containers. Reports say North America faces a 40% imbalance so out of every 100 containers, 60 are accumulating and not productive. Reports say it is not likely to get better for some time which means delays of product.\u00a0 Also, the cost of the containers has nearly doubled adding to the freight costs for the manufacturers.<\/p>\n<p>But not all the news was grim.\u00a0 Johnson said the demand for cigars is approaching the boom era of the 90s.<\/p>\n<p>At the welcoming reception Friday night, everyone seemed optimistic about the market and the potential for sales.\u00a0 There were also several new cigars introduced from ACE Prime and Espinosa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The demand for cigars is approaching the boom era of the 90s.<\/p>\n","protected":false},"author":36,"featured_media":41876,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[177,49,2808,3042,44],"tags":[6163],"_links":{"self":[{"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/posts\/41875"}],"collection":[{"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/comments?post=41875"}],"version-history":[{"count":0,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/posts\/41875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/media\/41876"}],"wp:attachment":[{"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/media?parent=41875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/categories?post=41875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cigarjournal.com\/de\/wp-json\/wp\/v2\/tags?post=41875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}