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Dry Bulk International North America

Drop in Canadian wheat adds to softer bulker demand

A slide in dry bulk rates from decade-highs can be attributed to a sharp fall in availability of Canadian wheat supplies for export, combined with lower iron ore trade and other commodity weaknesses

  • Analysis

The dry bulk market is hovering around five-month lows on weaker iron ore shipments, mainly from Brazil and India, and an expected sharp dive in wheat exports from Canada, combined with a slow start to the European export season

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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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