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Dry Bulk Australia China

China reported to have blocked Australian coal

China is reported to have imposed an unofficial ban on imports of Australian coal that has led to several cargo cancellations. Brokers fear this could have a huge impact on dry bulk freight rates

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Dry bulk market participants are expecting rates for capesizes and panamaxes to nosedive following reports that China has unofficially imposed restrictions on Australian coal purchases

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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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