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According to the decision of The Third Plenary Meeting ,the editorial committee of China Import Dry Bulk Freight Index decided to delete the nickel ore route of "Eastern Indonesia sulawesi - China Tianjin" Since December 18, 2014, and "Richards Bay in South Africa - China Zhoushan coal route” will become observation route and the weight will be reduced to 0。Please see below <Weighting factor for trade routes> for full details, Shanghai shipping exchange hereby announce that the decision will be executed from 18th, December, 2014,
Weighting factor for trade routes of CDFI（18th November 2014）
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Index/Routes
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Charterparty type
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Weighting in Freight Index
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Weighting in TCT Index
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North China/Australia Round Voyage
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TCT
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50%
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Dampier(West Australia) —Qingdao (China)
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VC
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20%
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Tubarao(Brazil)—Qingdao(China)
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VC
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20%
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Saldanha(South Africa)—Qingdao(China)
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VC
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5%
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Richards Bay (South Africa)—Zhoushan(China)
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VC
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5%
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Newcastle(Australia) —Zhoushan (China)
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VC
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7.5%
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South China via East Australia/China
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TCT
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30%
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Hay Point(Australia) —Zhoushan (China)
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VC
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7.5%
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Samarinda(Indonesia) — Guangzhou (China)
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VC
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10%
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Santos(Brazil)— North China
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VC
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5%
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|
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Tacoma(West America)—North China
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VC
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5%
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Mississippi(US Gulf) —North China
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VC
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5%
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South China /Indonesia Round Voyage
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TCT
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20%
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Taboneo(Indonesia) — Guangzhou (China)
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VC
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10%
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Surigao(Philippines) — Rizhao(China)
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VC
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5%
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Total weighting
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100%
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100%
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Shanghai shipping exchange
December 18, 2014
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