Dry Bulk Weekly – October 17, 2011
(For The Week Ending October 14, 2011)
Baltic dry index rose 7.1% last week; Capesize Index was up 11.5%; Panamax Index rose 8.9%; Supramax Index was up 4.0%; Handysize Index rose 6.2%.
Both iron ore inventory and price fell; Steel inventory was stable while price fell slightly; Coal inventory fell massiveness while price remained mostly unchanged.
I can’t find any evidence here that Chinese economy is slowing down notably.
Baltic Dry Index, China, Coal, Dry Bulk, Iron Ore, Shipping, Steel