南华干散货运输市场日报-20250806

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - The BDI composite freight index and sub - vessel type freight indices continued to decline this week, but the week - on - week decline slowed. The decline of mainstream vessel types was within 10%. - The increase in the shipment volume of certain commodities supported the demand for Panamax and Handysize vessels, causing the BPI, BSI, and BHSI freight indices to rebound compared to the previous few days, and the week - on - week decline also slowed [1]. 3. Summary by Relevant Catalogs 3.1 Spot Index Review - BDI Freight Index Analysis: On August 5, compared with the previous week, the BDI composite freight index and its sub - vessel type freight indices continued to decline, but the decline slowed. The BDI composite freight index closed at 1921 points, a week - on - week decline of 8.91%; the BCI freight index closed at 3006 points, a week - on - week decline of 13.52%; the BPI freight index closed at 1625 points, a week - on - week decline of 6.66%; the BSI freight index closed at 1279 points, a week - on - week decline of 0.16%; the BHSI freight index closed at 676 points, a week - on - week decline of 0.15% [4]. - FDI Far - East Dry Bulk Freight Index: On August 5, the FDI index declined across the board, but the charter rates of most routes in the FDI Handysize vessel rental market increased. The FDI composite freight index closed at 1275.93 points, a month - on - month decline of 2.17%; the FDI rental index closed at 1538.5 points, a month - on - month decline of 2.61%. Among them, the Capesize vessel rental index closed at 1572.76 points, a month - on - month decline of 6.1%; the Panamax vessel rental index closed at 1529.08 points, a month - on - month decline of 0.3%; the Handymax vessel rental index closed at 1502.23 points, a month - on - month increase of 0.22%; the FDI freight index closed at 1120.63 points, a month - on - month decline [9]. 3.2 Dry Bulk Shipment Tracking - Shipment Quantity and Vessel Usage on the Day: On August 6, among major agricultural product shippers, Brazil used 23 vessels, Russia used 15 vessels, Argentina used 13 vessels, and Australia used 4 vessels. Among major industrial product shippers, Australia used 46 vessels, Guinea used 26 vessels, Indonesia used 41 vessels, Russia used 20 vessels, South Africa used 14 vessels, Brazil used 12 vessels, and the United States used 10 vessels [15]. - Shipment Volume and Vessel Usage Analysis on the Day: In terms of agricultural product shipments, 8 vessels were used for corn, 20 for wheat, 14 for soybeans, 2 for soybean meal, and 11 for sugar. In terms of industrial product shipments, 103 vessels were used for coal, 73 for iron ore, and 18 for other dry goods. In terms of vessel types, the largest number of vessels required for agricultural product shipments was 28 post - Panamax vessels, followed by 15 Supramax vessels, and finally 8 Handysize vessels. For industrial product shipments, the largest number was 80 Capesize vessels, followed by 71 post - Panamax vessels, and finally 52 Supramax vessels [16]. 3.3 Tracking of the Number of Ships at Major Ports - The latest data showed that the number of ships at ports in China, Indonesia, and South Africa increased month - on - month, but the growth rate slowed. From July 1 to August 5, "one port decreased, and four ports increased." The number of dry bulk ships at Chinese ports increased by 14 month - on - month; the number of ships at six Australian ports decreased by 18 month - on - month; the number of ships at six Indonesian ports increased by 1 month - on - month; the number of ships at five Brazilian ports increased by 4 month - on - month; and the number of ships at one South African port increased by 1 [17]. 3.4 Relationship between Freight and Commodity Prices - On August 5, Brazilian soybeans were priced at $39 per ton. On August 6, the near - term shipment quotation for Brazilian soybeans was 3970.92 yuan per ton. - On August 4, the latest quotation for the BCI C10_14 route freight was $24,595 per day. On August 5, the latest quotation for the CIF price of iron ore was $119 per thousand tons. - On August 4, the latest quotation for the BPI P3A_03 route freight was $12,185 per day. On August 5, the latest quotation for the CIF price of thermal coal was 537.72 yuan per ton. - On August 5, the Handysize vessel freight index was quoted at 677.4 points. On August 8, the quotation for 4 - meter medium - grade ACFR radiata pine was $116 per cubic meter [21].