Food buying ups dry bulk

By
Published: Thursday, 26 August 2010

Shipping costs firm on grain buying and China’s return to the iron ore, coal market

Dry bulk shipping rates, used to estimate the cost for moving many industrial minerals, rose again this week with activity in the grain market fuelling shipping activity, while healthy Chinese industrial data suggested that steel mills may begin buying raw materials again.

The dry bulk market has been influenced by...

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