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Home / Metal News / The BDI Rose to a Five-Month High as Freight Rates for Various Types of Ships Rose

The BDI Rose to a Five-Month High as Freight Rates for Various Types of Ships Rose

May 19, 2022 10:26

Source:SMM

SHANGHAI, May 19 (SMM) - The Baltic Dry Index rose 94 points, or 3%, to 3,189, its highest level since December 13 last year.

SHANGHAI, May 19 (SMM) - The Baltic Dry Index rose 94 points, or 3%, to 3,189, its highest level since December 13 last year. The capesize index rose 214 points, or 5.4%, to 4,164, also the highest level in five months. Average daily earnings for capesize vessels rose $1,777 to $34,531. The panamax index rose 73 points, or 2.2%, to 3,327. Average daily earnings for Panamax vessels rose by $649 to $29,939. The Supramax index rose 13 points to 2,758.

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SHANGHAI, Feb 10 (SMM) – Data from the Indonesian Ministry of Trade showed that Indonesia’s refined tin export volume in January was 1536.55 mt, a decrease of 80% from the previous month.

Feb 10, 2023 13:41

Industry

Indonesia’s Refined Tin Exports Plummeted in January

Net Import of Refined Zinc in November, Will It Remain in December?

China’s imports of refined zinc in November 2022 stood at 11,600 mt, a month-on-month increase of 1,054.62%, but a year-on-year decrease of 44.77%.

Jan 4, 2023 10:21

SMM Insight

Net Import of Refined Zinc in November, Will It Remain in December?

Global Iron Ore Shipments Fell 2.1% week-on-week to 33.15 Million mt during December 24-30

SHANGHAI, Jan 3 (SMM) - SMM statistics showed that the global iron ore shipments totalled 33.15 million mt in the week ending December 30, a drop of 2.1% week-on-week.

Jan 3, 2023 14:53

Industry

Global Iron Ore Shipments Fell 2.1% week-on-week to 33.15 Million mt during December 24-30

SMM Analysis on Impact of Adjustment to Aluminium and Aluminium Alloy Export Tariffs in 2023

SHANGHAI, Dec 30 (SMM) - On December 29, 2022, the Customs Tariff Commission of China’s State Council announced that the import and export tariffs on certain commodities will be adjusted from January 1, 2023.

Dec 30, 2022 13:45

Industry

SMM Analysis on Impact of Adjustment to Aluminium and Aluminium Alloy Export Tariffs in 2023

Jul Chrome Ore Imports Fell Again, Will Chrome Ore Prices Stop Falling accompanied by Low Port Inventory?

According to SMM research, the downstream and terminal consumption of stainless steel was still weak. Although the output of ferrochrome declined, the reduction in production lagged behind the contraction in demand, resulting in an oversupply.

Aug 25, 2022 14:05

SMM Insight

Jul Chrome Ore Imports Fell Again, Will Chrome Ore Prices Stop Falling accompanied by Low Port Inventory?

SMM Analysis of China Stainless Steel Imports and Exports in July

SHANGHAI, August 23 (SMM) - China’s stainless steel imports stood at 178,700 mt in July, down 34% MoM and 19.13% YoY.

Aug 23, 2022 17:12

Industry Analysis

SMM Analysis of China Stainless Steel Imports and Exports in July

China Magnesium Ingot Exports in H1 2022 Rise 11% YoY

According to customs data, China magnesium ingot exports stood at 25,285.7 mt in June, up 8.1% MoM and 10.3% YoY. The exports totalled 141,652 mt from January to June, an increase of 11% YoY.

Jul 28, 2022 10:23

Analysis

China Magnesium Ingot Exports in H1 2022 Rise 11% YoY

China Primary Aluminium Imports Slumped 61% YoY in May 2022

Imports of primary aluminium in May 2022 rose 6.96% MoM and slumped 61% YoY. Domestic primary aluminium imports from January to May 2022 totalled 168,700 mt, down 71% YoY.

Jun 22, 2022 14:15

Industry

China Primary Aluminium Imports Slumped 61% YoY in May 2022

China's Imports of Zinc Ore and Concentrate Fell 22.5% Year-on-Year in May

China imported 243,859.10 mt of zinc ore and concentrate in May, down 26.24% from the previous month and 22.46% from last year.

Jun 21, 2022 16:57

Analysis

China's Imports of Zinc Ore and Concentrate Fell 22.5% Year-on-Year in May

Iron Ore Arrivals at Chinese Ports Dropped Slightly, while Shipments from Australia and Brazil Increased

SHANGHAI, May 31 (SMM) - SMM data showed that a total of 81 ships arrived at major ports in China during May 23-29, carrying 12.25 million mt of iron ore, down 390,000 mt on a weekly basis and up 48,000 mt from a year ago.

May 31, 2022 13:40

Industry

Iron Ore Arrivals at Chinese Ports Dropped Slightly, while Shipments from Australia and Brazil Increased

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The BDI Rose to a Five-Month High as Freight Rates for Various Types of Ships Rose

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo