Dry Bulk Weekly – April 4, 2011
(For The Week Ending April 1, 2011)
Baltic dry index fell 4.1% last week; Capesize Index was down 0.7%; Panamax Index fell 7.4%; Supramax Index was down 5.7%; Handysize Index was up 0.9%.
Strong coal demand in China and increased iron ore demand ahead India monsoon season could support rates. Beside that the market is well supplied and nothing major happening.
Baltic Dry Index, China, Coal, Dry Bulk, Iron Ore, Shipping, Steel