China’s weekly coastal bulk freight index falls

SHANGHAI, June 10– China’s coastal bulk freight index went down in the week ending on June 9, according to the Shanghai Shipping Exchange. The composite index for coastal bulk freight fell 0.8 percent week on week to 952.21, the SSE said. The SSE initiated the index in 2001 under the guidance of the Ministry of Transport to reflect the fluctuations in the Chinese…

SHANGHAI, June 10 (Xinhua) — China’s coastal bulk freight index went down in the week ending on June 9, according to the Shanghai Shipping Exchange (SSE).

The composite index for coastal bulk freight fell 0.8 percent week on week to 952.21, the SSE said.

According to the data, the coal sub-index went down 1.1 percent from a week earlier to 911.87.

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