Dry Bulk Weekly – December 13, 2010
(For The Week Ending December 10, 2010)
Baltic dry index fell 3.4% last week; Capesize Index was down 9.7%; Panamax Index fell 1.1%; Supramax Index rose 4.8%; Handysize Index was up 1.7%.
Iron stockpiles ticked up a bit; Steel inventory falling.
Chart 1. Baltic Dry Indexes Relative Performance
Chart 2. Baltic Dry Index
Chart 3. Baltic Dry Index Components
Chart 4. Iron Ore Inventory At Chinese Ports And Iron Ore Price
Chart 5. China Total Steel Inventory & China Domestic Hot Rolled Steel Sheet Spot Average Price
Baltic Dry Index, China, Dry Bulk, Iron Ore, Shipping, Steel
December 13th, 2010 at 9:38 am
please check on your panamax data for 3 months as I have a feeling that your calculation of percentage change is wrong every week.
All the best and keep up the very serious work done!!!
John
December 13th, 2010 at 12:07 pm
Yes, it was wrong, not just for panamaxes, but also for all of the other indexes.
I have changed the formulas now and posted correct data.
Thanks for the suggestion!