This week's road freight rates for bulk commodities**. This week, the market ushered in more favorable policies. Banks in many places quickly followed up to support the implementation of the "white list" of real estate projects, and secondly, they required a moderate increase in the active fiscal policy in 2024 to improve quality and efficiencyDriven by the intensive introduction of a series of macro policies, market confidence has been effectively boosted, superimposed near the Spring Festival and snowfall weather is coming, the road conditions are worrying, so that theThe turnover rate of logistics and transportation has decreased, so this week's bulk commodity road transport freight rate**. Affected by the off-season and the Spring Festival holiday, the steel market is basically in the closed stage, and the demand for coke replenishment by steel mills is not good, and the demand for replenishment is mainly on-demand. In terms of coal, the coal consumption of power plants is running at a high level this week, and the demand in the peak season is good, and the willingness of drivers to get out of the car is not strong. In terms of non-ferrous metals, as the Spring Festival holiday approaches, terminal consumption has basically stopped, orders from downstream enterprises have decreased significantly, and the enthusiasm for starting construction is not strong, and the demand is sluggish, which in turn affects road transportation.
Next, let's take a look at the specific data
Commodity road transport freight rate trends
This week's bulk commodity road transport freight rate is 0341 yuan ton km, **149%。
The average daily transportation of the highway is **
0. on January 29, February 3, and February 436 yuan ton-km, 0. on January 30 and January 3135 yuan ton-km, 0 on February 1 and February 234 yuan ton-km.
Freight rate trends for major commodity categoriesThis week's steel, coke, non-ferrous metals road transport freight rates**; Iron ore and coal road transport freight rates**.
Steel transportation freight ratesThis week's steel transportation freight rate is 0292 ton-kilometers, 0043 yuan ton km, a decrease of 1284%。
Steel of the week*****In terms of demand, the impact of the off-season and the Spring Festival holiday, the production enthusiasm of steel mills is not high, and the supply side shows a fluctuating downward trend. On the demand side, the impact of large-scale rain and snow weather near the Spring Festival, the suspension of construction sites and the holiday of the spot market, the gradual flattening of market transactions, led to a slowdown in road transport demand. Therefore, this week's steel transportation freight rate**.
Iron ore transportation freight rates
This week's iron ore transportation freight rate is 0297 yuan ton-kilometer, 002 yuan ton km, an increase of 722%。
Iron ore of the week***。**On the end, the shipment volume of Australia and Pakistan rebounded this week, and the arrival volume decreased significantly month-on-month. On the demand side, the annual inspection of blast furnaces in the early stage of resumption of production, the output of molten iron increased slightly, and the approaching Spring Festival and snowfall weather struck, steel mills have a certain demand for replenishment, and the demand for vehicles has increased. Therefore, this week's iron ore transportation freight rate**.
Coal transportation freight ratesThis week's coal transportation freight rate is 0378 yuan ton-km, 0024 yuan ton-km, an increase of 679%。
This week's coal **range**. **In terms of the Spring Festival, as the Spring Festival approaches, private coal mines have begun to suspend production and take vacations, while large state-owned mines maintain normal production to ensure long-term shipments. On the demand side, domestic power plants are running at a high level of coal consumption this week, and demand in the peak season is performing well. Combined with the snowfall in most parts of the country, the freezing road surface has led to the closure of many road sections, affecting logistics and transportation, and the driver's willingness to get out of the car is not strong, resulting in tight local transportation capacity. Therefore, this week's coal transportation freight rate**.
Coke transportation freight rates
This week's coke transportation freight rate is 0311 yuan ton kilometers, 0028 yuan ton-km, a decrease of 826% 。
Coke of the week*****In terms of coke enterprises, the losses are still relatively serious, and the current production enthusiasm is average. On the demand side, the steel market is basically in the closed stage, the steel mills are seriously loss, superimposed after the early replenishment, the coke inventory of the steel mills is acceptable, the steel mills have poor demand for coke replenishment before the year, and the coke is purchased on demand, and the automobile transportation market is relatively deserted. Therefore, this week's coke transportation freight rate**.
Non-ferrous metal transportation freight ratesThis week's non-ferrous metal transportation freight rate is 0262 yuan ton-km, 0048 yuan ton-km, a decrease of 1548% 。
This week's non-ferrous metals **range**. In terms of zinc, approaching the Spring Festival holiday, most of the top traders have taken vacations, and the spot trading Spring Festival off-season atmosphere is strong, and the zinc ingot market has gradually entered the stage of accumulation during the Spring Festival. In terms of copper, China's real estate market will struggle to shake off the downturn in the short term, and the uncertainty of the Fed's policy trajectory has caused continued market concerns. Before the Spring Festival, the demand was flat, the transaction was soft, and the new orders of downstream enterprises were average, and the main reserve of the market has basically been completed. In terms of lead, the Spring Festival holiday is getting closer and closer, the logistics is basically suspended, the downstream battery companies are on full holiday, the receiving situation is deserted, and the shutdown plan of some recycled lead refineries is gradually realized. Therefore, this week's non-ferrous metal transportation freight rate**.
Intra-provincial freight rate trends in major provinces
According to the data of Wubo TechnologyThis weekInner Mongolia, Hebei Province road transport freight rate；Shanxi ProvinceRoad transport tariffs
This weekInner MongoliaThe freight rate for road transport is 0288 yuan ton-km, 0009 yuan ton km, down 303%。
The main reason for the transportation freight rate in Inner Mongolia is that it is close to the Spring Festival, the coal mines in the Ordos region are suspended in advance, the market supply capacity is weakened, and the snowfall weather affects the rhythm of downstream replenishment, and the supply and demand of the origin are declining simultaneously.
This weekHebeiThe freight rate for road transport is 0279 yuan ton-km, 0059 yuan ton-km, a decrease of 1746%。
The main reason for Hebei's transportation freight rate is that it is approaching the Spring Festival holiday, the weakening of terminal demand is becoming more and more obvious, some businesses have entered the holiday state, and most steel mills in Tangshan are in a state of loss, and the production enthusiasm is average.
This weekShanxiThe freight rate for road transport is 0296 yuan ton-km, compared with last week**0002 yuan ton-km, an increase of 068%。
The main reason for Shanxi's transportation freight rate this week is that Shanxi issued a yellow warning for road ice, snowfall and road ice caused the closure of many highways, superimposed on the approach to the Spring Festival, the driver's willingness to go out of the car is reduced, and some routes are increased in freight and shunting.
Trends in freight rates for major arterial road transport
According to the data of Wubo Technology, the freight rate of the country's main trunk road transportation this weekMixed
This weekOrdosto Yinchuan Main LineThe weekly average price is 7714 yuan ton, converted into 0307 ton-km,**7.26%。
This weekXinzhou to Yuncheng trunk lineThe weekly average price is 11277 yuan ton, converted into 0256 yuan ton km, **535%。
This weekYulinTo LinfenTrunk lineThe weekly average price is 14285 yuan ton, converted to 0327 yuan ton km, **977%。
This weekLv Liangto Tangshan Main LineThe weekly average price is 19813 yuan ton, converted into 0240 yuan ton km, **551%。
This weekTaiyuanto Tangshan Main LineThe weekly average price is 17256 yuan ton, converted into 0250 yuan ton km, **219%。
This weekLv Liangto Linfen trunk lineThe weekly average price is 8141 yuan ton, converted into 0339 yuan ton km, **430%。
This weekYuncheng to Handan trunk lineThe weekly average price is 11296 yuan tons, converted into 0286 yuan ton-km, **087%。
Factors influencing the market outlookPositives:
On January 31, the China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics announced China's purchasing managers' index for January today. China's manufacturing purchasing managers' index was 49 in January2%，This is an increase of 02 percentage points, ending a three-month downward trend. The manufacturing purchasing managers' index rebounded slightly from the previous month, and the prosperity level improved. On February 1, Vice Minister of Finance Wang Dongwei said at a press conference that in 2024, the basic trend of China's economic recovery and long-term improvement has not changed. The effect of macroeconomic regulation and control policies continued to be released, and high-quality development was solidly promotedIt will lay a solid foundation for the growth of fiscal revenue, and fiscal revenue will continue to grow in a restorative manner. Fiscal expenditures will continue to maintain the necessary intensity, and transfer payments to local governments will also maintain a certain scale. On February 2, Xinhua News Agency reported that Premier Li Qiang recently signed an order to announce the "Coal Mine Safety Production Regulations" (hereinafter referred to as the "Regulations").It will come into force on May 1, 2024. The "Regulations" are formulated to strengthen the work of safe production in coal mines, prevent and reduce safety accidents in coal mine production, and ensure the safety of people's lives and property. On February 3, Xinhua News Agency was authorizedIssued the first document in 2024, entitled "Opinions of the Communist Party of China on Learning and Using the Experience of the "Thousand Village Demonstration and Ten Thousand Village Renovation" Project to Effectively and Effectively Promote the Comprehensive Revitalization of Villages。The full text consists of six parts, including: ensuring national food security, ensuring that there is no large-scale return to poverty, improving the level of rural industry development, improving the level of rural construction, improving the level of rural governance, and strengthening the party's overall leadership over the "three rural" work. On February 5, the China Federation of Logistics and Purchasing announced the China Commodity Index for January. China's commodity index was 101 in January1%, up 04 percentage points. The sub-index shows that the first volume, sales volume and inventory are all on the rise, of which the increase in the first volume has expanded, the increase in sales volume has narrowed, and the inventory has turned from a decline to an increase. According to the rules of oil price adjustment, the new oil price adjustment will be carried out at 24 o'clock on February 19, and the current ** rate of change is -219%, it is expected to reduce oil prices by 110 yuan tonsConverted into liters, it is estimated that the ** oil price is 008 yuan liter-010 liters. Negatives:
*Issued by the Meteorological ObservatoryBlue Warning for High Wind, Yellow Warning for Fog, Orange Warning for Blizzard, Orange Warning for Freeze. There was freezing rain in parts of Guizhou, Hunan, Hubei, Jiangxi, Anhui and other places, and heavy snowfall in parts of Anhui, Jiangsu, Shandong and other places. The snowfall in the north ended on the 6th, and the widespread rain and snow in the south continued until Chinese New Year's Eve.
On February 4, the National Health Commission held a press conference to introduce the prevention and treatment of respiratory diseases and health tips in winter. He said that at present, it is the peak of returning to the hometown before the Spring Festival, and the large-scale movement and gathering of people is easy to accelerate the spread of respiratory diseases, and respiratory diseases will still maintain a certain epidemic level before and after the Spring Festival.
The Fed kept interest rates unchanged as expected, saying it would not cut rates until inflation is close to 2% confidence, and deleting the phrase "or further tightening". Powell hit expectations of a rate cut in March, and U.S. stocks closed lower, with the Nasdaq and U.S. oil falling more than 2%. *Most of the market is still weakening.
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