"Market Report" International Dry Bulk Shipping Market Biweekly Report (10.11-10.24) - Shanghai International Shipping Research Center Shao Fei Liu Yuling Zhang Yongfeng
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Recently, the International Shipping Research Institute of Shanghai International Shipping Research Center released the "Biweekly Report on the International Dry Bulk Transport Market (2021.10.11-2021.10.24)".
01 Review of important events in this issue
China's National Development and Reform Commission is studying the price trend of thermal coal futures since the beginning of this year, strengthening supervision according to law, strictly investigating and punishing capital malicious speculation in thermal coal futures, and stressing the need to resolutely investigate and deal with malicious hoarding and coal price gouging.
According to the U.S. Department of Agriculture (USDA), Vietnam recently imported large quantities of feed products from Brazil, India and the United States due to its growing domestic consumption of meat food. According to forecasts issued by the International Grain Council, Vietnam's corn imports are expected to grow strongly to 14.2 million tonnes in 2025-2026. Due to the increase in agricultural imports from Vietnam, the dry bulk charter market on the Pacific route has increased.
02 Market Commentary
The cape-type market has released the capacity of ships with rapid port pressure, mine shipments have decreased, freight rates have fallen under pressure, and small and medium-sized ships have risen steadily under the support of Indonesian coal cargo plates.
01 Baltic Dry Bulk Index
02 Freight rates for major ship types
03 installment rent with FFA
04 Ship fuel prices
05 International dry bulk ship market
06 Main commodity prices
07 Main commodity production, transportation volume and inventory
08 Monetary financial markets
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▊Main reporting products: "Global Shipping Market Development Report" (including containers, dry bulk, oil and other sectors) and other products (annual report, semi-annual report, quarterly report and bi-weekly report)
▊Engaged in international shipping, market analysis, ship investment feasibility study, industry research, strategic planning, policy research and other consulting business
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