Shanghai Shipping Exchange: The rainy season has officially started, and the composite index is rapidly declining.

According to the Shanghai Shipping Exchange, this week, with the comprehensive start of the rainy season, heavy rain continues in the south. Hydropower is maintaining high levels, but power plants are struggling to increase their daily consumption. In addition, with sufficient supply of long-term coal, terminal purchases are becoming cautious, the negotiation atmosphere continues to be cold, and the transportation market transactions are scarce. The comprehensive index of coastal bulk freight is under pressure and falling rapidly. On June 26, the China Coastal Comprehensive Freight Index reported a closing of 1111.89 points, a 13.6% decrease from the previous period.