May Empire State Manufacturing At 11.9
Empire State Manufacturing General Business Conditions Index for May came out at 11.9 vs. 19.6 consensus and prior reading of 21.7.
Well, we have a series of negative surprises…
Archive for May 16th, 2011
Dry Bulk Weekly – May 16, 2011
Baltic dry index fell 2.5% last week; Capesize Index was down 4.6%; Panamax Index fell 2.8%; Supramax Index was up 0.4%; Handysize Index fell 0.5%.
Large decrease in thermal coal stockpiles; steel stockpiles also fell, iron ore stockpiles unchanged. Prices strong. No sign of any China slowdown.