Russian grain ban ups BDI

By
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...

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