Dry Bulk Weekly – February 28, 2011
(For The Week Ending February 25, 2011)
Baltic dry index fell 10.4% last week; Capesize Index was down 8.8%; Panamax Index fell 9.6%; Supramax Index rose 9.3%; Handysize Index was up 2.7%.
Iron ore and steel inventory at new all time high. Thermal coal inventory rising fast.
This could be a canary in a coal mine for Chinese economy…
Baltic Dry Index, China, Coal, Dry Bulk, Iron Ore, Shipping, Steel