Dry Bulk Weekly – 28 February, 2010

Baltic dry index rose 0.9% in the last week. Capesize Index underperformed the BDI, Panamax Index, Supramax and Handysize Index outperformed.

Nothing major on the news front. Improved activity in the Capesize, but the rates fell (probably because of falling iron ore/ final product price differential). Strong rates in smaller ship segments.

Chart 1. Baltic Dry Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Dry Index

Source: Bloomberg

Chart 2. Baltic Dry Index Components

Source: Bloomberg


This entry was posted on Sunday, February 28th, 2010 at 1:25 pm and is filed under Commodities, Dry Bulk Weekly. 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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