Conflict drives up bunker prices, helping intra-Asia rates end six-week decline
PRI: 17 — MINIMAL Base risk 38/100 × Low confidence multiplier (0.45). Highest contributor: Significance 63/100, normalised to this factor's 40-point cap (+25 of 40). Limiting factor: Linked-entity criticality 4/100, normalised to this factor's 30-point cap -- DATA QUALITY WARNING: all linked entities data insufficient (29 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient.
Confidence multiplier Confidence limits the final PRI when evidence is uncertain. A severe but weakly supported claim cannot reach the highest PRI bands.: 0.45 (Low) · Calculated 2026-08-13 12:13:25 (vv1).
Full contribution breakdown
- Procurement Impact: 25 / 40 — Significance 63/100, normalised to this factor's 40-point cap
- Corroboration: 5 / 15 — A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty)
- Entity Criticality: 1 / 30 — Linked-entity criticality 4/100, normalised to this factor's 30-point cap -- DATA QUALITY WARNING: all linked entities data insufficient
- Geographic Regulatory: 7 / 15 — 3 distinct content-linked geography/geographies
- Event type
- Port congestion
- UUID
- 47ce4553-da63-4682-81e0-33ac0a755a84
- Editorial review status
- Pending (ProcIntel's own review of this record)
- Event lifecycle
- Breaking (the real-world state of the situation — a separate concept from review status above)
- Significance
-
3 · Material
- This type of disruption typically has a moderate procurement impact.
- Multiple geographies identified (3).
- Wide breadth — linked to 6 tracked entities/organisations.
- Assessed time horizon: Short-term.
- Confidence
-
2 · Low
(distinct from each article link's own extraction confidence below)
- Reported only by secondary sources so far — no primary/official confirmation yet.
- Reported by a single source so far — not yet independently corroborated.
- Some key facts (e.g. exact date) are still missing or unconfirmed.
- Evidence was last updated within the last month.
- Impact direction
- Negative (provisional default — not yet reviewed)
- Occurred at
- Not yet established (no explicit date was tightly bound to the matched event text)
- Record type
- REAL
Source Facts
<p>Rates on intra-Asia trades have ended six weeks of decline, helped by port congestion in China and a rebound in bunker prices, with average prices up 1% week on week on 6 August, to $970 per 40ft.<br /> Drewry said the ongoing US-Iran conflict pushed Shanghai–Nhava Sheva rates up 8% from 30 July, to $1,767 per 40ft, with Shanghai–Jebel Ali prices rising 7%, to $7,143.<br /> In contrast, rates from Shanghai to Laem Chabang ...</p> <p>The post <a href="https://theloadstar.com/conflict-drives-up-bunker-prices-helping-intra-asia-rates-end-six-week-decline/">Conflict drives up bunker prices, helping intra-Asia rates end six-week decline</a> appeared first on <a href="https://theloadstar.com">The Loadstar</a>.</p>
Linked Signals
| Published | Headline | Source | Matched text | Extraction confidence | Method |
|---|---|---|---|---|---|
| 2026-08-13 11:58:18 | Conflict drives up bunker prices, helping intra-Asia rates end six-week decline | The Loadstar | port congestion | 95.0 | high precision phrase |
Linked Entities
| Entity | Type | Link method | Confidence | Source article |
|---|---|---|---|---|
| China | Country | reused entity extraction | 75.0 | article |
| Iran | Country | reused entity extraction | 75.0 | article |
| United Kingdom | Country | reused entity extraction | 95.0 | article |
| United States | Country | reused entity extraction | 75.0 | article |
| Shanghai | Locality | reused entity extraction | 75.0 | article |
| Jebel Ali Port | Port | reused entity extraction | 75.0 | article |
Spend Categories
No spend categories linked yet
Spend categories are linked by a reviewer, not assigned automatically.
Review History
| Date | Action | Previous | New | Reviewer | Note |
|---|---|---|---|---|---|
| 2026-08-13 12:13:25 | Created | — | Port congestion: 'Conflict drives up bunker prices, helping intra-Asia rates end six-week decline' (lifecycle=Breaking) | Deterministic v1 extractor | — |
| 2026-08-13 12:13:25 | Pri Recalculated | score=None, band=None | score=1, band='Minimal' | Deterministic v1 extractor | PRI: 1 — MINIMAL Base risk 5/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: no eligible entities. |
| 2026-08-13 12:13:25 | Pri Recalculated | score=1.0, band='Minimal' | score=1, band='Minimal' | — | PRI: 1 — MINIMAL Base risk 6/100 × Very Low confidence multiplier (0.15). Highest contributor: A single event -- not yet corroborated by a separate clustered event (neutral baseline, not a penalty) (+5 of 15). Limiting factor: No Significance score yet (event has no linked articles) (40 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient. |
| 2026-08-13 12:13:25 | Article Linked | — | source_item #7684 | — | — |
| 2026-08-13 12:13:25 | Significance Changed | None | 3 | — | — |
| 2026-08-13 12:13:25 | Confidence Changed | None | 2 | — | — |
| 2026-08-13 12:13:25 | Pri Recalculated | score=1.0, band='Minimal' | score=17, band='Minimal' | — | PRI: 17 — MINIMAL Base risk 38/100 × Low confidence multiplier (0.45). Highest contributor: Significance 63/100, normalised to this factor's 40-point cap (+25 of 40). Limiting factor: Linked-entity criticality 4/100, normalised to this factor's 30-point cap -- DATA QUALITY WARNING: all linked entities data insufficient (29 points below its maximum). DATA QUALITY WARNING: all linked entities data insufficient. |