China's weekly coastal bulk freight index declines

SHANGHAI, April 16 (Xinhua) -- China's coastal bulk freight index went down in the week ending on April 14, 2023, according to the Shanghai Shipping Exchange (SSE).

The composite index for coastal bulk freight fell 0.8 percent week on week to 1,109.35, said the SSE.

The coal sub-index went down 1.3 percent to 1,124.51, SSE data showed.

The SSE initiated the index in 2001, under the guidance of the Ministry of Transport, to reflect the fluctuations of the Chinese coastal transport market.