Shanghai Shipping Exchange: This week, the coastal bulk market showed divergent trends, with the composite index rising slightly.

According to the Shanghai Shipping Exchange, this week, on the one hand, as the impact of typhoon disruptions subsided, coal market freight rates moved lower; on the other hand, coastal grain freight rates rose seasonally, while diesel transport demand provided some support, and the coastal bulk cargo composite index edged up. On October 30, the China Coastal Composite Freight Index published by the Shanghai Shipping Exchange closed at 1,122.1 points, up 1.3% from the previous period.