Shipping rates slump

Published: Thursday, 24 December 2009

Baltic Dry Index falls as China's central bank eyes tighter lending for steel makers

Shipping rates for dry bulk materials fell again this week after China's decision to restrict lending to steel producers, which could have a knock on effect of lowering iron ore and coal imports.

The Baltic Dry Index (BDI) fell to 3023 on 23 December 2009, compared with 3376 a week...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.