Accident of Shipping Industry!Nov.20 BDI slumped to 498 points

2015-11-23

Nov.20 BDI slumped to 498 points

Due to the reducing demand of Chinese market and the oversupply of ships, BDI slumped to the new low level of below 500 points. BDI fell by 6 points (-1.19%) to 498 points on Nov.20, the bottom since the announcement of Jan. 1985.

BCI slumped 13 points (-2.10%) to 606 points. The average daily earnings increased by $69 to $5,211.

BPI slumped 5 points (-1.07%) to 463 points. The average daily earnings decreased by $41 to $3,696.

BSI decreased by 7 point (-1.46%) to 472 points. The average daily earnings lost $78 to $4,934.

BHSI dropped 2 points (-0.69%) to 288 points. The average daily earnings declined $29 to $4,205.

Source from : CNSS

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