Dry Bulk Weekly – April 18, 2011

(For The Week Ending April 15, 2011)

Baltic dry index fell 5.8% last week; Capesize Index was down 3.0%; Panamax Index fell 10.7%; Supramax Index was down 3.0%; Handysize Index rose 1.3%.

Huge drop in thermal coal stockpiles; Huge drop in steel inventory; Rising inventory of iron ore. Prices are strong. Monetary tightening still not affecting Chinese commodity demand much.

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This entry was posted on Monday, April 18th, 2011 at 5:20 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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