Dry Bulk Weekly – February 7, 2011

February 7th, 2011 by Belisarius

(For The Week Ending February 4, 2011)

Baltic dry index fell 8.3% last week; Capesize Index was down 5.0%; Panamax Index rose 0.8%; Supramax Index decreased 9.8%; Handysize Index fell 10.9%.

Stockpile data was not reported last week because Chinese holidays. Iron ore price fell 4%.

We could see some improvement after the lunar new year; Keeping close watch on Egypt developments.

 

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This entry was posted on Monday, February 7th, 2011 at 5:09 am and is filed under China, Commodities, Dry Bulk Weekly, Shipping. 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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