Circular 03/20 - Cape Update
Further to Circular 51/19, route C15 (160,000 10% coal,Richards Bay to Fangcheng) will cease on 31 January 2020.
As route C15 is part of the BCI, it will be replaced by route C17 (170,000 10% ore, Saldanha Bay to Qingdao) in the calculation of the BCI, from 3 February 2020. There will be no change in the multiplier used.
Any questions or comments should be directed to balticbroker@balticexchange.com