BDI fell to 1172 points in a row, the largest shipping company in four months to prepare for the winter.

[12 consecutive falls to 1172 points BDI drop is the largest shipping company in four months preparing for "winter")-- at the beginning of 2022, due to the upsurge in shipping demand and the shortage of transport capacity, containers are "difficult to get a box." however, this year, supply and demand in the international shipping market have taken a big reversal, and international shipping rates have fallen sharply. The Baltic dry index fell 3.54% to 1172 points in a row, the biggest drop in four months, according to data on may 26th. The World Container Composite Index (WCI) recently released by Deluli, an international shipping data agency, shows that the current shipping price index has fallen to close to 2019. "downward pressure on the global economy, weak overall demand and geopolitical conflicts have led to an overall downward trend in seaborne freight rates and are expected to continue to operate at low levels in the future." Kang Shuchun, chairman of China International Shipping Network Group, said in an interview. According to the WTO forecast, the outlook for global trade is poor this year, the overall world economic growth is slow, and the growth rate of world trade in goods is expected to be about 1.0% this year.