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Shipping industry: on the coastal · · supply coal prices

Chinas coastal freight rate this week China coastal freight rate at the composite index to 1529 points, annulus fell 6.19% last week, up last year fell 20.64%. Including coal, grain and metal ore freight index fell by 7.61% month-on-month, respectively 9.99% and 0.50%, respectively, fell by 26.34%, 25.22%, year-on-year increase of 11.35%. Coal freight rate this week to continue callback, callback to a larger extent. Though the weather was cold snap, power plant coal than the stock has declined, but still in the reasonable inventory level. Based on the management of the national development and reform commission on inflation, the requirement to ensure supply of coal production, stable prices, and requires 2011 key contract to maintain power coal prices will remain unchanged in 2010, and, to some extent, removed the coal prices continue to rise in recent expected, since late November coal price stability have fall, stable demand, according to continue to slow the coal power plant. Global dry bulk cargo transport this week the Baltic comprehensive index fell 3.37% to 2095 points, BPI, BCI fallen 1.05%, 9.69%, BSI rose 4.83%. BDI been falling down to four months low, far below the average 2796 points. BCI index continues to slump, a month down 30.6%. Iron ore prices since July keep rising, December 3,, Qingdao port 63.5% India powder grinding the floors of price quote 1250 yuan/wet tons, a 2.4% rise last weekend, up 60.26% from the same period last year. Domestic iron ore port inventory continue to rise, a 1.68% rise last weekend, is up 9.09% compared with the same period in to. Higher inventory reduction trader purchasing the will of the ore. Global oil transport this week to the Baltic sea freight index crude oil and oil products at 1023 points and freight index 807 points, respectively up 6.67% and 1.38% month-on-month last week. Oil freight rate rise continuously. Through the removed from single and order delay delivery, oil tanker capacity growth slowed, December that global oil tanker transport capacity than 4.2% growth with, VLCC ship only 3.5% capacity growth, with falling to order VLCC 36.4% of capacity. Armed with order still high pressure, recovery has been slow, but the situation is improving step by step. The global container shipping this week the new Shanghai export container freight index at 1101 points, annulus fell 2.1% last week, up 5.96% from the same period last year. This refers to the number of July since first sight of the top, has five consecutive months the drop, accumulative total fell 30.43%, in the second half of the year has been falling for half a years increase in basic erosion.