You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #8: Baltic Dry Index has worst week since October meltdown as Chinese demand slows [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-11-09 05:12 AM
Response to Original message
8. Baltic Dry Index has worst week since October meltdown as Chinese demand slows
The Baltic Dry Index, which tracks shipping costs and is viewed as leading indicator for commodity prices, has had its worst week since the peak of the financial crisis last October, as Chinese demand slowed.

The index fell from 3,350 to 2,772 this week a fall of 17.2pc - as imports of iron ore and coal slowed down. The index is now 35pc lower than its 2009 high, hit on June 3.

.....

However, some believe that imports have slowed down as Chinese steel mills are still locked in talks over the pricing of iron ore imports over the next 12 months.

http://www.telegraph.co.uk/finance/economics/5990051/Ba...
Printer Friendly | Permalink |  | Top
 
  -STOCK MARKET WATCH, Tuesday August 11 ozymandius  Aug-11-09 04:37 AM   #0 
  - Market Observation  ozymandius   Aug-11-09 04:41 AM   #1 
  - Greenspan Started the Interest Rate Suppression  Demeter   Aug-11-09 10:40 AM   #28 
  - Is this a recent article? I remember we were talking about hyper-inflation vs. deflationary  tclambert   Aug-11-09 01:48 PM   #41 
  - Today's Reports  ozymandius   Aug-11-09 04:44 AM   #2 
  - 8:30 reports:  UpInArms   Aug-11-09 07:58 AM   #23 
  - Yeah, but Once the Inventory Is Sold, What Are They Gonna Do for Profits?  Demeter   Aug-11-09 10:41 AM   #29 
  - BLS say it made Errors in calculations of unit labor costs  UpInArms   Aug-11-09 04:47 PM   #61 
  - Wholesale Inventories @ -1.7%  UpInArms   Aug-11-09 04:50 PM   #62 
  - Oil hangs below $71 ahead of US Fed meeting  ozymandius   Aug-11-09 04:46 AM   #3 
  - Oil futures up 45 cents at $71.05 a barrel  UpInArms   Aug-11-09 07:15 AM   #21 
  - BOJ On Guard Against Accelerating Price Declines  ozymandius   Aug-11-09 04:51 AM   #4 
  - Toxic assets still festering  ozymandius   Aug-11-09 04:54 AM   #5 
  - U.S. Underwater Mortgages May Reach 30%, Zillow Says (Update1)  ozymandius   Aug-11-09 05:04 AM   #6 
  - "homes for sale in June would take 9.4 months to sell "  tclambert   Aug-11-09 02:08 PM   #45 
  - Wall Street Futures Point to Higher Start  ozymandius   Aug-11-09 05:07 AM   #7 
  - But down about 1% at 2 pm.  tclambert   Aug-11-09 01:56 PM   #44 
  - Baltic Dry Index has worst week since October meltdown as Chinese demand slows  ozymandius   Aug-11-09 05:12 AM   #8 
  - Chinas economy cools as lending slows  Ghost Dog   Aug-11-09 06:51 AM   #16 
  - China bank lending fell almost 77% in July  UpInArms   Aug-11-09 07:13 AM   #20 
  - Comstock: Indebtedness May Cause Two Lost Decades  ozymandius   Aug-11-09 05:20 AM   #9 
  - So What Does a Couple MORE Decades Matter?  Demeter   Aug-11-09 10:43 AM   #30 
  - Judge Takes SEC and Bank of America Lawyers to Woodshed Over Merrill Bonus Settlement  ozymandius   Aug-11-09 05:26 AM   #10 
  - We need many more like Judge Rakoff, even though he is a radical.  mbperrin   Aug-11-09 08:48 AM   #24 
  - Stimulus Funds Bring Relief to States, but What About 2010?  ozymandius   Aug-11-09 05:30 AM   #11 
  - Good morning everyone.  ozymandius   Aug-11-09 05:41 AM   #12 
  - Good morning.  Dr.Phool   Aug-11-09 06:18 AM   #13 
  - Good quiet morning to all.  Festivito   Aug-11-09 06:50 AM   #15 
     - Have a nice trip.  Dr.Phool   Aug-11-09 07:56 AM   #22 
  - Debt: 08/07/2009 11,658,212,708,636.47 (DOWN 1,929,745,567.48) (Little.)  Festivito   Aug-11-09 06:40 AM   #14 
  - Debt: 08/10/2009 11,661,947,544,315.89 (UP 3,734,835,679.42) (Up .2B.)  Festivito   Aug-11-09 11:30 PM   #64 
  - Germany Faces Credit Crunch, Mid-Sized Company Survey Shows  Ghost Dog   Aug-11-09 07:00 AM   #17 
  - dollar watch  UpInArms   Aug-11-09 07:03 AM   #18 
  - Distressed-debt deals in 2009 reach $84.4 billion: report  UpInArms   Aug-11-09 07:06 AM   #19 
  - Karl Denninger is a bit angry  DemReadingDU   Aug-11-09 08:49 AM   #25 
  - Amen!  Demeter   Aug-11-09 10:46 AM   #31 
  - And break up the "too big to fails!"  tclambert   Aug-11-09 02:16 PM   #46 
  - Bloomberg: Treasurer Fear of Credit Freeze Seen in Cash Hoarding  DemReadingDU   Aug-11-09 08:53 AM   #26 
  - Cash and rebuilding of balance sheets is a good thing  FarCenter   Aug-11-09 10:37 AM   #27 
  - Exactly!  DemReadingDU   Aug-11-09 10:55 AM   #32 
  - Where are they finding cash to hoard?  tclambert   Aug-11-09 02:19 PM   #47 
     - LOL  DemReadingDU   Aug-11-09 03:46 PM   #60 
  - Morning Marketeers.......  AnneD   Aug-11-09 10:57 AM   #33 
  - Here's one way to look at it, AnneD.  Hugin   Aug-11-09 12:36 PM   #37 
  - Money, like manure......  AnneD   Aug-11-09 01:08 PM   #38 
     - I think that's the Texas version of Ecclesiastes 11:1  tclambert   Aug-11-09 02:25 PM   #48 
        - Not by me.......  AnneD   Aug-11-09 03:09 PM   #53 
  - It's very common where I live in Riverside CA.  SidneyCarton   Aug-11-09 05:23 PM   #63 
  - Well, We Have Reached the End of the First Act, It Seems  Demeter   Aug-11-09 11:21 AM   #34 
  - Actually, Voltaire's Candide is a better choice.....  AnneD   Aug-11-09 01:13 PM   #39 
  - If you are suggesting this is NOT the best of all possible worlds,  tclambert   Aug-11-09 02:47 PM   #50 
  - Voltaire (and I)...  AnneD   Aug-11-09 03:13 PM   #57 
  - Candide Might Suit Iraq Better  Demeter   Aug-11-09 03:09 PM   #54 
     - It was the Lisbon earthquake and  AnneD   Aug-11-09 03:25 PM   #58 
  - I completely agree with Krugman on this one.  tclambert   Aug-11-09 02:43 PM   #49 
     - I'd Rather Save People Than Institutions  Demeter   Aug-11-09 03:12 PM   #55 
  - CIT delays report, could have to file for bankruptcy  Demeter   Aug-11-09 11:26 AM   #35 
  - Treasurys up before auction of 3-year notes  Demeter   Aug-11-09 11:31 AM   #36 
  - Fannie Mae now over $1 per share.  tclambert   Aug-11-09 01:40 PM   #40 
  - Glad you are doing well with it, but keep CLOSE Eye on it tclambert.  TheWatcher   Aug-11-09 01:48 PM   #42 
  - I don't play short term. That's not where players like me have a window of opportunity.  tclambert   Aug-11-09 02:59 PM   #51 
  - Oh it's just good ole American investors who recognized a great company  mullard12ax7   Aug-11-09 01:53 PM   #43 
  - Can I invest in Obama Death Panels?  tclambert   Aug-11-09 03:03 PM   #52 
  - Bernanke, Would Be My Guess  Demeter   Aug-11-09 03:13 PM   #56 
  - Wall Street weighed down by financial stocks  Ghost Dog   Aug-11-09 03:31 PM   #59 
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC