Baltic Dry Index slumps to near two year low on Australian floods

Published: Thursday, 06 January 2011

Shipping rates fall to crisis lows with Australia halting coal, grain exports

The cost of shipping dry bulk minerals dived to a 20 month low this week, with the worst Australia flooding in over 50 years resulting in cancelled vessel chartering and more ships being laid idle.

As well as reaching lows last seen during the high of the financial crisis in...

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.