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Marine cost drops greatly structure of iron ore entrance is
From;    Author:Stand originally
On October 13, index of Baltic dry bulk cargo (abbreviation BDI index) close at 1976 bits, drop defeat 2000 bits of col, odd-numbered days drops 124% . This is from August 2006 the history of 25 months is new since the portion low.

BDI index is to look international is measured on preexistence bound degree of boom of shipping of marine prices, report, reflect the authoritative index of situation of the trade between international then.

Arrive from September 2007 in October 2008, BDI index shows two wave crest of a trough go situation. With 11771 bits of photographs of apogee will be compared on May 22 this year, BDI dropped 9795 a little bit, drop amount to 8321% .

"Market of iron ore of our country entrance lasts depression is the main reason that BDI index drops since second half of the year. " the personage inside course of study says.

Iron ore carries the major servicing content that is marine course of study, marine trade volume holds global iron ore of gross of commerce of global bulk cargo 26% the left and right sides. Commerce of Chinese iron ore measures the 40% above that hold gross of commerce of global iron ore, hold the 80% above of increment of iron ore commerce. This year in January, chinese entrance iron ore already occupied global iron ore 4875% of marine quantity, be considered as to drive BDI index to be in exalted the mainest factor.

Analysis of the personage inside course of study says, the computational formula of BDI index is very complex, among them a numerical value happening changes, very big to final index influence. Entrance of Chinese iron ore measures drop to meet those who cause this index drop likewise.

According to statistical data, when highest peak of marine on June 6 this year cost, brazil goes to China (boreal logical sequence / treasure mountain) marine cost ever was as high as 109 dollars / ton, australia goes to China (boreal logical sequence / treasure mountain) marine cost also reachs 51 dollars / ton. On October 9, brazil reachs China (boreal logical sequence / treasure mountain) marine cost quoted price is 25283 dollars / ton, australia reachs China (boreal logical sequence / treasure mountain) marine cost is 11 dollars / ton. Relatively when highest peak of marine this year cost, brazil drops to sea freight of China 837 dollars / ton, fall amount to 7680% ; Australia drops to sea freight of China 40 dollars / ton, fall amount to 7843% .

Drive in what BDI index steeps fall, marine share price dives considerably in succession. BDI drops defeat 3000 a little bit on October 6, chinese ocean and in sea company stock all falls stop. Chinese ocean H drop in share price a week even more 3 into.

This year 7, August, come from slow down of iron ore demand, marine course of study also sufferred inflict heavy losses on. Need and need develop and force develop group all reduced spot market marine to hire an amount of purpose, shipping transport power is unused, bring about freight rate to drop. Indian course also reduced the traffic of iron ore. Because of price dispute, brazil and Chinese respect ever reduced Brazilian mine to enter Chinese amount of purpose, affected Brazilian line the demand to transport power.
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