Law from a historical point of view, November and December are often high regional years BDI index, from the west to the Chinese Christmas holiday Spring Festival holiday is the traditional off-season shipping market. For example in 2016, February 2016 was dropped last century since 80s the lowest point of 290, thereafter, BDI index continued to rebound to mid November 2016 high of 1250 points, 200 trading days rose 960 points, or the period of more than 330%.

The reason for the formation of this seasonal pattern, mainly because of the weather. Jinshi futures analyst Huang Liqiang pointed out that from November to February is the most northern cold, many places are not suitable for shipping, shipping less so. At the same time, this period is the Western Christmas and the Spring Festival holiday, there are China, trade stagnation and other factors, the domestic various commodities are the least in 1, imports in February, very regular. In November December, appear high because it is winter storage market, namely the coming season before stocking in advance.

“Now is the northern hemisphere spring, according to the previous data show that this period is the global shipping season, so BDI fell within the normal seasonal phenomenon, do not read too much.” Huang Liqiang said.

Soochow Futures Institute Jiang Xingchun believes that the BDI index fell, an important driving force reflects the Chinese demand and imports still can the global shipping industry bottomed out, once the Chinese economic slowdown, commodity prices can not support the demand level, then there may be adjusted shipping index.

Winter quietly changed the pattern for many years