June ISM Manufacturing Index At 49.7
ISM Manufacturing Index was reported at 49.7 vs. prior reading of 53.5 and consensus of 52.0.
Archive for July 2nd, 2012
June HSBC/Markit China PMI At 48.2
HSBC/Markit PMI fell from 48.4 to 48.2.
Dry Bulk Weekly – July 2, 2012
It’s been a while a posted my last post. My day job has become really exhaustive and it’s quite difficult for me to find time to write. I hope I will manage to post at least a couple of posts per week in the future.
In the mean time all things China (including shipping) has deteriorated further.
Baltic dry index rose 2.7% last week; Capesize Index was up 3.0%; Panamax Index fell 6.1%; Supramax Index was up 6.6%; Handysize Index rose 2.0%.
Iron ore inventory at Chinese ports mostly flat, price moved lower. Steel stockpiles fell further, but remained at elevated levels while price moved lower. Thermal coal inventory at all-time high, price moved lower.