Dry Bulk Weekly – April 18, 2011

April 18th, 2011 by Belisarius

(For The Week Ending April 15, 2011)

Baltic dry index fell 5.8% last week; Capesize Index was down 3.0%; Panamax Index fell 10.7%; Supramax Index was down 3.0%; Handysize Index rose 1.3%.

Huge drop in thermal coal stockpiles; Huge drop in steel inventory; Rising inventory of iron ore. Prices are strong. Monetary tightening still not affecting Chinese commodity demand much.

, , , , , ,

This entry was posted on Monday, April 18th, 2011 at 5:20 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.

Comments are closed.

 
Get Adobe Flash player