Dry Bulk Weekly – September 6, 2010

September 6th, 2010 by Belisarius

Baltic dry index rose 6.0% last week; Capesize Index was up 14.1%; Panamax Index rose 4.8%; Supramax and Handysize Indexes lost 5.5% and 1.2% respectively.

China steel prices ticking up, bringing some demand to the shipping markets.

Chart 1. Baltic Dry Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Dry Index

Source: Bloomberg

Chart 3. Baltic Dry Index Components

Source: Bloomberg

Chart 4. China Iron Ore Price Fines CFR Main China Port

Source: Bloomberg

Chart 5. China Domestic Hot Rolled Steel Sheet Spot Average Price

Source: Bloomberg

Chart 6. Iron Ore Inventory At Chinese Ports

Source: Bloomberg

Chart 7. China Total Steel Inventory

Source: Bloomberg

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This entry was posted on Monday, September 6th, 2010 at 3:47 am and is filed under China, Commodities, Dry Bulk Weekly. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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