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China's Qinhuangdao Port coastal coal freights falls in week ended May 7
in-en.com  2013-5-12 23:08:13  

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Freight rates to ship coal from northern China's Qinhuangdao Port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou fell in the week ended May 7, a weekly report released by Qinhuangdao Port Thursday showed.

The freight rate from Qinhuangdao to Zhangjiagang on a 20,000-30,000 mt vessel averaged Yuan 34/mt ($5.54/mt) in the week ended May 7, down Yuan 0.30/mt from a week ago, the report said.

The Qinhuangdao-Shanghai route for vessels with a capacity of 40,000-50,000 mt fell by Yuan 1.10/mt over the week to an average of Yuan 26.80/mt, while the freight rate to Guangzhou on 50,000-60,000 mt vessels dropped Yuan 1/mt to Yuan 37.40/mt over the same period.

Author:in-en.com  From:platts.com  Edit:cherry
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