Dry Bulk Weekly – March 14, 2011
(For The Week Ending March 11, 2011)
Baltic dry index rose 16.0% last week; Capesize Index was up 32.5%; Panamax Index rose 7.5%; Supramax Index increased 4.2%; Handysize Index was up 3.7%.
Judging from increase in dry bulk rates and an end of raw materials stockpiling economic activity in China is accelerating after the holidays. Iron ore, steel and thermal coal prices down on increased stockpiles.
Baltic Dry Index, China, Coal, Dry Bulk, Iron Ore, Shipping, Steel