On a monthly basis, the composite index for coastal bulk freight, which measures transportation costs in the coastal shipping market, dropped 20.6 percent to 1,111.12 last month.
The sub-index for grain saw the most notable decrease of 32.6 percent, followed by that for coal and metal ore.
The sub-index for refined oil fell 0.3 percent, while that for crude oil edged up 0.5 percent, according to the exchange.
In 2021, the composite index for coastal bulk freight averaged 1,299.35, SSE data showed.
The SSE initiated the index in 2001 under the guidance of the Ministry of Transport to fully reflect fluctuations in the Chinese coastal transport market.
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