Dry Bulk Weekly – February 20, 2012
Baltic dry index rose 0.3% last week; Capesize Index was also up 0.3%; Panamax Index fell 1.9%; Supramax Index was down 0.6%; Handysize Index rose 3.6%.
Iron ore inventory at Chinese ports close to all-time high; price pretty much unchanged. Steel stockpiles spiked upwards while price remained flat. Thermal coal inventory moved to all-time high, price moved lower.