Baltic Dry Index crashes to 25-year lows

Published: Thursday, 02 February 2012

Further falls mean charter rates drop below operating costs; China bans Valemaxes

The post Chinese New Year rebound failed to materialise this week, sending shipping costs for dry bulk minerals down to past 25-year lows, with charter rates falling below operational costs for some vessels. 


China also banned Vale's new fleet of jumbo dry bulk carriers from entering its ports,...

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.