Notice of the CDFI index weight adjustment
  Date:2014-12-23

According to the decision of The Third Plenary Meeting ,the editorial committee of China Import Dry Bulk Freight Index decided to delete the nickel ore route of "Eastern Indonesia sulawesi - China Tianjin" Since December 18, 2014, and "Richards Bay in South Africa - China Zhoushan coal route” will become observation route and the weight will be reduced to 0。Please see below "Weighting factor for trade routes" for full details, Shanghai shipping exchange hereby announce that the decision will be executed from 18th, December, 2014.

Weighting factor for trade routes of CDFI18th November 2014

Index/Routes

Charterparty type

Weighting in Freight Index

Weighting in TCT Index

North China/Australia Round Voyage

TCT

 

50%

Dampier(West Australia) —Qingdao (China)

VC

20%

 

Tubarao(Brazil)—Qingdao(China)

VC

20%

 

Saldanha(South Africa)—Qingdao(China)

VC

5%

 

Richards Bay (South Africa)—Zhoushan(China)

VC

5%

 

Newcastle(Australia) —Zhoushan (China)

VC

7.5%

 

South China via East Australia/China

TCT

 

30%

Hay Point(Australia) —Zhoushan (China)

VC

7.5%

 

Samarinda(Indonesia) — Guangzhou (China)

VC

10%

 

Santos(Brazil)— North China

VC

5%

 

Tacoma(West America)—North China

VC

5%

 

Mississippi(US Gulf) —North China

VC

5%

 

South China /Indonesia Round Voyage

TCT

 

20%

Taboneo(Indonesia) — Guangzhou (China)

VC

10%

 

Surigao(Philippines) — Rizhao(China)

VC

5%

 

Total weighting

 

100%

100%

 

Shanghai shipping exchange

December 18, 2014 

 

 

 

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