Dry Bulk Weekly – November 7, 2011

November 7th, 2011 by Belisarius

(For The Week Ending November 4, 2011)

Baltic dry index fell 11.6% last week; Capesize Index was down 14.8%; Panamax Index fell 5.3%; Supramax Index was down 7.8%; Handysize Index fell 7.4%.

Iron ore inventory rose slightly, while iron ore price again fell steeply; Steel inventory fell slightly while price also moved sharply down; Coal price stable, inventory moved a bit up.

Iron ore and steel price action is starting to bring some worries on the strength of Chinese economy.

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This entry was posted on Monday, November 7th, 2011 at 8:51 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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