Tuesday, December 13, 2011

Iron ore is busy promoting BDI small rises nbsp; coastal dry bulk freight price lows

So overall shipping market reactions be out of fashion, but in recent days by China's iron ore imports increased demand, driven by the Baltic dry index (BDI) for nearly a week growth of 3%. at the same time, domestic coastal bulk index fell and hit a low for the year. Last week BDI index week gains up 3% on December 12, BDI index reported received Yu 1930 points, more Qian a trading day micro-rose 8 points, continued a week of rally are continued. under Shang HNA cross by publishing of dry bulk cargo market weekly, last week BDI index week gains reached has 3%. four species dry bulk cargo transport ship type tariff index in the, sea Ness type ship tariff index gains maximum, Shang weekend reported received Yu 3,697 points, more Qian a week rose 8.45%, causes is China market on Brazil, and Australia iron ore stone of imports volume increased  Australian thermal coal exports to Asian markets to increase has led this ultra-ship freight. According to the Chinese shipping network data show, on Friday, Brazil Pakistan
Lang to Ningbo beilun/Shanghai Baoshan of iron ore route tariff week rose 4%, Australia Western to beilun/Baoshan port of tariff week rose 1.6%. sea Ness type ship daily profit level also therefore upgrade to 29,359 dollars, reached this year yilai of high. According to "I of steel network" at home and abroad latest mine price information display, despite shipping market surface hot, but domestic ore price still in downward, due to downstream demand does not Mong Kok, sold more light, Mills procurement cautious. traffic transport industry researcher on this think,  Iron ore shipping market in the future will also continue to face greater pressure. According to another guotai Junan securities research report statistics, as of December 2, 2011, the BDI values in 2011 point in 2010, representing both values have fallen by 44.6%, medium-term international dry bulk market situation remained dismal. Country index year lows on Wednesday, on the coastal coal freight derivatives in China announced
City trading, marks domestic dry bulk freight price derivative products trading took first step. but China coastal bulk cargo tariff index is hit has year low, reported received Yu 1137.41 points, more Qian a week fell 16.94 points, week decreases for 1.47%. coal, and metal ore, and food tariff index week per cent respectively fell-1.6%, and-5.1%, and-1.1%. Despite winter with coal demand obvious increased, but national grid coal inventory volume available days still is security level. also,  Foreign coal price continued leading to major ports in the South and the increased demand for imported coal, but also on the coastal traffic a certain inhibition of beimeinanyun.  Europe direct impact of the crisis, Chinese export trend of container freight index also declined. European routes and the Eastern Mediterranean routes respectively and 2.82% index last week, the largest decline. other routes also dismal. In response to needs

No comments:

Post a Comment