Guohai Securities released a research report saying that iron ore, coal, and grain have occupied a central position in global dry bulk trade turnover for medium to long periods of time. Various commodities such as coal, food, iron ore, steel, and cement support the rise in demand in the short, medium and long term. In the future, old ships will withdraw to hedge new ship deliveries, and the increase in effective capacity will be limited. Since 2026, BDI has shown a trend of “rising in May, pulling back in June, recovering in July, and rising in August”. Considering that demand for tons and nautical miles is increasing due to the release of long-haul cargo sources, and combined with supply restrictions, the bank believes that the bulk freight rate center is expected to rise and maintain the “recommended” rating for the shipping port sector.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.