Dry Bulk Weekly – July 2, 2012

July 2nd, 2012 by Belisarius

(For The Week Ending June 29, 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.

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This entry was posted on Monday, July 2nd, 2012 at 8:09 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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