Baltic Dry Index Off 14.5% From Its Recent Peek

In last 7 sessions Baltic Dry Index declined 14.5%. This is little bit surprising since with the start of new quarter lower iron ore price kicks in.

Maybe holiday season (Mid Autumn Festival –  from September 22 to September 24  and National Day – from October 1 to October 7)…

Chart 1. Baltic Dry Index

Source: Bloomberg


This entry was posted on Wednesday, September 22nd, 2010 at 4:29 am and is filed under China, Commodities. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player