Guangzhou Port, Qinhuangdao Port coal freight rates soften

摘要

Coal ocean freight from Qinhuangdao Port to southern Shanghai Port and Guangzhou Port began to slip in the past week ending on June 1, ending a three-week upward trend, according to a June 2 ocean price monitor at the port. Between Qinhuangdao Port and Shanghai Port, the freight of coal transportation stabilized at Yuan 53/mt ($8.18/mt) on June 1 for vessels with a carrying capacity of 20,000-30,000mt, up Yuan 2/mt from a week ago.