| 30.09.2009 - Baltic dry to jump on Chinese bulk demand, Cosco says |
| From Bloomberg: The Baltic Dry Index, the main measure of shipping costs for commodities, may surge more than 80 percent by the end of the year on increased demand for shipments to China, according to China Ocean Shipping (Group) Co. The gauge may rebound to 4,000 points as local governments encourage factory output, especially of steel, Kong Fanhua, a senior researcher at the company, said in an interview.....................Full Article: Source |