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Dry Bulk Capes China

Bulk freight market sees firm lift

Whether the strength can be maintained or is a short-term correction remains to be seen, but indicators are pointing towards positive momentum

  • Analysis

China’s latest PMI data points towards a faster-than-expected recovery. This helped to boost iron ore prices and in turn capesize spot rates, which have almost quadrupled

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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