Coastal Bulk Shipping Market rebound this week, Feb. 23, the Shanghai Stock Exchange's coastal shipping (bulk) freight index closed at 1267.32 points, up 2.5% last week. Broad types of performance are as follows: coal, metal ore freight index rebounded fluctuations in grain freight index, crude oil, refined oil freight index remained stable.
Mainly affected by the recent heavy fog, continued to cover the northern port aircraft. Jingtang Port and Qinhuangdao Port, 53 hours of continuous closure and 47 hours flight, Caofeidian port and Tianjin port about 40 hours, four-port shipments dropped significantly. The railway traffic steady, average daily volume 1.25 million tons Daqin line. Bohai IV Port coal stockpiles Feb. 24 climbed to 16.243 million tons, growth of 10%. The main power plant along the coast this week, an increase in coal consumption, stocks added to the enthusiasm of some recovery, coastal coal transportation market, slightly active, more market consultation ship. Increasing trend in demand and capacity, driven by the dual working poor, coastal coal freight go up again. February 23, the Shanghai Shipping Exchange, coal freight index closed at 1413.91 points, up 3.7% last week. Qinhuangdao, Guangzhou, in addition to stable freight rates, each of varying degrees of recovery in the major freight routes. Qinhuangdao to Shanghai, Ningbo, to close at 37 yuan, respectively, freight / ton, 39 yuan / ton, up 1 from last week yuan / ton, 2 yuan / ton; Tianjin and Nantong, Ningbo tariff market to close at 48 yuan / ton, up from last week were 4 yuan / ton.
Metal ore prices this week, a slight upward transport market, the kinds of goods freight index Feb. 23 to close at 1101.97 points, up 1.2% last week. Where to Qingdao, Zhangjiagang route freight index was 836.56 points, up 3.3% last week. The freight airline market, rose 1 yuan / ton to 31 yuan / ton.
Lunar fifth after producing farmers began selling surplus maize before the Spring Festival, the port gradually increase the purchase price, the arrival was significantly increased. With the arrival of the South continued, local trade prices began softening, thin trading turning north-south market prices tend to upside down, so control of northern traders shipped rhythm, with positions in shipping companies is still more difficult. Market conditions this week, minor fluctuations in food transport and cargo types of index closed at 937.00 points, with basically the same as last week.
After the Spring Festival transport to deserted oil, supply less than normal this week, the coastal shipping market crude oil and the amount of light oil price stability. The end of January onwards, including the important oil-producing countries in Africa have emerged, including political turmoil, triggering fears, Pobai rising international oil prices this week to continue. Domestic fuel prices go up, the shipping adverse impact on business efficiency. (White Mountain)