Aerial photo taken on Feb. 19, 2021 shows cargo ships docking at Meidong Dock of the Ningbo-Zhoushan port in Ningbo, east China's Zhejiang Province. (Xinhua/Huang Zongzhi)
SHANGHAI, Feb. 19 (Xinhua) -- China's coastal bulk freight market saw a decrease in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE).
The composite index for coastal bulk freight went down 3.9 percent week on week to 1,034.45, the SSE said.
The coal sub-index fell 5.5 percent to 1,013.17.
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. ■
