Shipping Industry: &Nbsp Rebounded In The Peak Season Of VLCC; Volume Of Goods Contracted Rapidly During The Off-Season.

Last week, BDI

Societe Generale Securities November 14th research report pointed out that this week BDI rose 2.86% to 1835 points, of which BCI rose 12.98%, BPI, BSI fell 4.08%, 7.09% respectively.

The prices of iron ore in Brazil, Beilun and Baoshan are 26.23 US dollars / ton and 11.29 US dollars / ton respectively, up 6.62% and 15.71% respectively.

This week, the average TCE of the Capsize ship was $24595 / day, up 13.93% from last week, and the average TCE of the Panamax model was 10270 US dollars per day, down 6.92% from the ring.

Cape ship 10 days before the month

China's Port ore inventories increased by 3 million 560 thousand tons over the beginning of the month, so it does not exclude the fact that ore traders have increased their inventories in large quantities, and the actual demand for iron ore imports has not improved.

This week BDTI closed 776 points, up 1.31%, BCTI closed 699 points, down 1.69%.

The WS value of the Middle East Japan route rose 8 points to 58 points.

This week VLCC average TCE rose 44.14% to 19426 dollars / day, while Suezmax, Aframax, Panamax average TCE fell 34.21%, 27.07%, 8.3% respectively.

In terms of refined oil products, the average TCE of MR was 5715 US dollars / day, down 13.72% from the same time.

Last week, Brent crude oil prices continued to oscillate upward, the peak season for oil demand arrived, the VLCC market ushered in the peak of ship chartering, and the price of freight increased, but other tanker pport prices fell more or less.

SCFI closed at 898.18 points, down 2.31%.

European routes were quoted at $573 /TEU, down 6.53%, while the US West Route rate closed at $1481 /FEU, down 1.27%, while the US east route rate closed at $2709 /FEU, down 3%.

With the advent of the off-season and the spread of the European debt crisis, the European line has shrunk seriously. The utilization rate of some flights has dropped to 70%. The US west route has been relatively low in terms of the utilization rate of the shipping space because of the reduction of the capacity of pport and the decline in the freight rate. The contradiction between the supply and demand of the US east route is more prominent than that of the western United States, and the rate of pport falls by a large margin. The US and the West routes are relatively low in terms of the supply and demand of the 95%.