Please see below for this week’s prices published by the TAC Index and our indicative Forward Curve ex. CHINA/HKG to EUR. Please note, the Index has published a new basket rate CHINA- USA, which we are currently analysing.

BASKET ROUTE

PRICE/KG

CHANGE

MTD

CHINA - EUR

2.94 USD

-0.16 (-5.16%)

3.08

CHINA - USA

3.65 USD

-0.32 (-8.06%)

3.92

COMPOSITE ROUTES

PRICE/KG

CHANGE

HKG/EUR

2.90 USD

-0.38 (-11.6%)

PVG/EUR

2.98 USD

+0.06 (+2.05%)

HKG/US

3.62 USD

-0.62 (-14.6%)

PVG/US

3.68 USD

-0.02 (-0.541%)

BIG MOVERS

PRICE/KG

CHANGE

FRA/SEA

1.19 EUR

-0.22 (-15.6%)

HKG/EUR

22.68 HKD

-2.98 (-11.6%)

HKG/US

28.34 HKD

-4.90 (-14.7%)

Forward Curve - Indicative update

 

CHINA - EUROPE ROUTE BASKET - USD/KG

 

 

BID

ASK

VALUE

CHANGE

Jan

2.90

3.00

2.95

-0.10

Feb

2.95

3.05

3.00

-0.10

Mar

-0.05

0.05

 2.97

-0.10

Q1 19

3.16

3.26

3.21

0.00

Cal - 19

3.36

3.46

3.41

0.00

Cal - 20

3.76

3.86

3.81

0.00