Most Qinhuangdao Port coastal coal freight rates edge up

摘要

Hunan, China - Most freight rates for shipping coal from northern China's Qinhuangdao Port to the southern ports of Zhangjiagang, Shanghai and Guangzhou edged up in the week to Tuesday, ending the continued downward trend since late January, a weekly report released by the port on Wednesday showed. The freight rate for carrying coal from Qinhuangdao to Zhangjiagang on 20,000-30,000 mt capacity vessels inched up by Yuan 0.30 week on week to an average of Yuan 33.70/ mt ($5.41/mt), according to the release.