Dry Bulk Weekly – April 23, 2012

(For The Week Ending April 20, 2012)

Baltic dry index rose 9.8% last week; Capesize Index was down 2.5%; Panamax Index rose 28.4%; Supramax Index was up 9.0%; Handysize Index rose 4.1%.

Iron ore inventory at Chinese ports fell in recent weeks; price pretty much unchanged. Steel stockpiles fell from all time-high, but remained at elevated levels while price remained flat. Thermal coal inventory fell further, price moved a bit higher.

I didn’t post for a while, but nothing material happened in the shipping markets during that time.

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This entry was posted on Monday, April 23rd, 2012 at 4:50 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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