Tainted Alpha

(For The Week Ending May 18, 2012)

Baltic dry index rose 0.3% last week; Capesize Index was up 1.2%; Panamax Index fell 3.6%; Supramax Index was down 0.4%; Handysize Index rose 3.7%.

Iron ore inventory at Chinese ports mostly flat, price moved lower on risk-off. Steel stockpiles fell further, but remained at elevated levels while price moved marginally lower. Thermal coal inventory rose, price remained unchanged.

Baltic Dry Index, China, Coal, Dry Bulk, Iron Ore, Shipping, Steel

This entry was posted on Monday, May 21st, 2012 at 2:53 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.