Dry Bulk Weekly – November 7, 2011

(For The Week Ending November 4, 2011)

Baltic dry index fell 11.6% last week; Capesize Index was down 14.8%; Panamax Index fell 5.3%; Supramax Index was down 7.8%; Handysize Index fell 7.4%.

Iron ore inventory rose slightly, while iron ore price again fell steeply; Steel inventory fell slightly while price also moved sharply down; Coal price stable, inventory moved a bit up.

Iron ore and steel price action is starting to bring some worries on the strength of Chinese economy.

, , , , , ,

This entry was posted on Monday, November 7th, 2011 at 8:51 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.

Comments are closed.


Get Adobe Flash player