Food buying ups dry bulk
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...