Eleven long holiday BDI goes higher

During the eleven long holidays, the Baltic Dryer Composite Index (BDI) of the bulk shipping market rose all the way from 2,446 points on September 30 to 2,639 points on the 6th. Yu Min, general manager Wang Shuji, deputy general manager of AVIC Hong Shundi, and Yang Ming, senior associate of Guangming Shipping, Guo Zhicheng, are optimistic about freight rates in the fourth quarter. This wave of upswing was driven by the Capesize vessel, which rose from 3,370 points on September 30 to 3,976 points last night, an increase of up to 18%. Hong Shun pointed out that based on past experience, the freight rate will not drop during the long holidays, and the freight rate will be better after the holidays. The 11-day long holiday is the last day today. Obviously during the vacation period, the miners and mainland importers are looking at the freight rates in the future market. Get in early and contact the boat.

At present, the ore price still remains high, and the Australian FOB per ton is US$127, which is much higher than the cost of US$70. The miners themselves are not afraid to buy freight in China, and let the 11-day long holiday bulk shipping market still warm up.

Analysts estimate that Yumin and China Airlines will earn profits this year. The difference will be in extra-industry income. This year, CNAC has sold Taiwan Airlines shares and sold them. Yumin also sold 3 ships. Next year, Yumin is not new. Ships are delivered, and a cape-shaped vessel ordered by AVIC on a Taiwanese-made vessel will be delivered to the ship by the end of next year as soon as possible. Bright Shipping will deliver a new ship each year at the end of this year and the next year and the second and second quarters. .

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