Chinese New Year - also known as the Spring Festival - is one of the biggest and most important festivals in Asia. During this time, factories across China and other Asian countries shut down for 1–4 weeks, with many workers take extended breaks to visit family and friends inland.
In 2025, Chinese New Year (CNY) falls earlier than usual and will last for eight days- running from January 28 to February 4th. Factories are expected to begin shutting down as early as mid-January, much earlier than usual, as preparations for the holiday period commence.
Supply Chain managers will need to prepare for prolonged factory closures and the flow-on effect for production timelines and shipping schedules. Shippers seeking 2025 contract rates, will also need to bring negotiations forward to account for the disruption.
In this blog, we’ll outline critical holiday shutdown dates, what to expect, and actionable tips to help you get ahead of both the shutdowns and early contract negotiations. Here’s how to tackle Lunar New Year with confidence.
Asian and Australian ports are currently experiencing congestion due to peak season volumes, extreme weather, and other factors. With the Chinese New Year holiday and the potential for another ILA strike in early January, these bottlenecks are likely to intensify, further extending shipment transit times even after operations resume.
Contract rates typically commence after the Chinese New Year holiday period for the following 12 months or more. With this year’s festival coinciding with the usual negotiation period, it’s important to begin contract discussions in Q4 to ensure you are on track for the coming season.
Strengthen your contract negotiations with reliable, data-driven insights that allow you to negotiate better terms.
Keep an eye out for our upcoming blog, ‘Navigating Contract Season with Confidence’ where we’ll share the latest data, insights and recommendations for 2025 negotiations.
Preparing for Lunar New Year early can make all the difference in maintaining a steady supply flow and avoiding additional costs and disruptions. If you need help crafting a tailored solution or expert guidance during this peak period, our team is ready to help.
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