Russian grain ban ups BDI
Published: Thursday, 19 August 2010
Dry bulk rises as alternative wheat sources sought after Russian ban
Dry bulk shipping rates, used as a benchmark cost for
transporting many industrial minerals including bauxite, potash
and salt, firmed again this week as the full impact of the
Russian grain export ban took hold and buyers began buying
wheat from alternative countries.
Russian stopped the export of grain until...