China's weekly coastal bulk freight index eases

0 Comment(s)Print E-mail Xinhua, November 02, 2019
Adjust font size:

BEIJING, Nov. 2 (Xinhua) -- China's coastal bulk freight market has seen a slight decline in general demand the week ending Friday, according to the Shanghai Shipping Exchange (SSE).

The composite index for coastal bulk freight fell 1.1 percent to 1,139.11 week on week, the SSE said.

The coal sub-index decreased by 1.5 percent to 1,159.81 last week.

The sub-index for metal ore declined 0.8 percent to 1,101.12, and that for grain shrank by 0.8 percent to 1,036.89.

The refined oil products index surged 0.3 percent to 1,544.13, while crude oil index almost remained flat at 1,557.59.

The SSE initiated the index in 2001 under the guidance of the Ministry of Transport to reflect the fluctuation of the Chinese coastal transport market. Enditem

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from