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China Dry Bulk Capes

BDI hits highest level in 11 years

The BDI climbed to 3,053 points at the close on Friday, the highest level since mid-2010, according to the Baltic Exchange

  • Analysis

Robust Chinese iron ore demand, higher steel production in China and strong supply side dynamics are the bedrock of this recovery with market participants expecting further momentum in freight rates in the coming week as supply and demand fundamentals improve

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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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