At the North Bund International Shipping Forum on Oct. 20, the Shanghai Shipping Exchange published the inaugural Far East Dry Bulk Index (FDI) denominated in yuan. The measure is intended to shift dry-bulk freight pricing from the dollar to the yuan

2026-10-20

At the North Bund International Shipping Forum on Oct. 20, the Shanghai Shipping Exchange published the inaugural Far East Dry Bulk Index (FDI) denominated in yuan. The measure is intended to shift dry-bulk freight pricing from the dollar to the yuan, anchor pricing in China to serve import‑export trade, and establish a global yuan benchmark for dry‑bulk freight rates.