The BDI structure continues to drift red on a weekly basis this week. Geopolitical conflicts caused by oil and gas tension in many countries, facing energy crisis, which triggered the tightness of coal, mining, grain, especially the European countries to rush winter coal storage, pushed up the dry bulk ship freight prices, and at the same time is the ship turnover cycle and so on.
All such market seasonal factors and protracted non-market factors intertwined and layered to stimulate demand and bring some prosperity to the market.
Overall situation: January 2, 2013 to this week, a total of 2432 trading days, of which, BDI greater than 2000 points accounted for 378 trading days; 1000 points to 2000 points accounted for 1083 trading days; less than 1000 points accounted for 971 trading days. The average annual increase is about 22 points.
The overall rebound continues. BDI: The BSE was closed on Monday, and the BDI continued to rise and fall in the four trading days of the week, closing at 1816 points, 263 points higher than last week; the weekly increase of 16.40%; the annual net increase continued to rise to -5.82%; the weekly average value of 1753 points, 268 points higher than last week. BCI: The BCI also rose three times this week and dropped one, breaking 2,000 points again since August 2.
The closing value was 2206 points, 687 points higher than last week; the year-on-year BPI turned surplus 211 points, 34.25% higher; the weekly increase was 42.43%, 55.22% lower than last week; the yearly net increase continued to 126.49%. The average daily profit of capesize vessels closed at US$18,293 this week, renewed higher than last week by US$5,694, and less profit than last week by US$1,331. Compared with Panamax ships, the closing value turned higher to US$334, and the weekly average value continued to be lower by US$1,186. BPI: BPI rose three times this week, closing value of 1995 points, renewed 5 points higher than last week and 120 points less than last week.
The weekly increase was 0.27%, which was 6.78% lower than last week; the annual net increase continued to rise to -15.98%; the weekly average value was 2009 points, which was 35 points lower than last week. The average daily profit of Panamax vessel this week closed at US$17,959, continued to be higher than last week by US$46, and less gain than last week by US$1,081; weekly average value of US$18,084, lower than last week by US$317, and clear gain and increase loss than last week by US$4,427.
BSI: The BSI rose all four this week, closing at 1652 points, 101 points or 6.51% higher than last week; weekly increase of 6.36%, 1.30% higher than last week; the net increase for the year turned up to -29.44%, the weekly average value of 1619 points, 111 points or 7.36% higher than last week. Up and down potential: this week BDI, BCI, BPI are no 5 + even up (down) into a wave of up (down) potential. BSI this week to continue last week to form 8 consecutive rise in the eighth wave of upward trend, a cumulative increase of 11.56%, met a wave of upward trend after 10 trading days.
Trends to watch: BDI architecture this week, the net increase rate of each index in the year is as follows: BDI continued to rise to -5.82%, BCI continued to rise to 126.49%, BPI continued to rise to -15.98%, BSI continued to rise to -29.44%; the same period last year in order: 133.07%, 160.93%, 118.62%, 119.76%, year-on-year, the trend this year is still in The road of hard trudging.
From the comparison of daily average profit and weekly increase of freight index, capesize vessels are 42.41% vs. 42.43%, with a difference of 0.02%, 0.01% wider than last week; the weekly line is converging, but still strong; panamax vessels are 0.29% vs. 0.27%, with a difference of 0.02%, 0.01% wider than last week, and the trend is weakening.
