In January 2024, the composite China Coastal Bulk Freight Index (CBFI) was approximately 1038.41 points, a decrease of 8.5 percent compared to the previous month. The CBFI reflects changes in freight rates and serves as a barometer of the market with a base index of 1,000 points as of January 31, 2000.
Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024
January 31, 2000 has been set as the basic period with the basic index of 1,000 points.
CBFI includes one composite index and five cargo component indices (i.e. coal, grain, metal ore, product oil and crude oil), and they are calculated by using the weighted average method.
The presented data refers to the composite index.
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Ministry of Transport of China. (February 8, 2024). Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/
Ministry of Transport of China. "Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024." Chart. February 8, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/
Ministry of Transport of China. (2024). Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/
Ministry of Transport of China. "Monthly China Coastal Bulk Freight Index (Cbfi) from January 2019 to January 2024." Statista, Statista Inc., 8 Feb 2024, https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/
Ministry of Transport of China, Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024 Statista, https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/ (last visited November 22, 2024)
Monthly China Coastal Bulk Freight Index (CBFI) from January 2019 to January 2024 [Graph], Ministry of Transport of China, February 8, 2024. [Online]. Available: https://www.statista.com/statistics/1319109/monthly-china-coastal-bulk-freight-index/
