Menu Close
Posted in Charts, Contributors- Economic and Financial, Economics, Other Guys, Tainted Alpha

Dry Bulk Weekly – April 23, 2012

Reposted with the permission of Tainted Alpha.

(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%.

Now The Balance Begins To Shift

The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.

This report tells why, and what to look for in the data and the markets.  GO TO THE POST

Iron ore inventory at Chinese ports fell in the 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 lower.

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


Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.