The recent rise in freight rates for dry bulk commodities has sparked misplaced optimism that Asian demand is picking up and that global trade is rebounding. The higher rates are due only to a limited recovery in iron ore shipments from Australia and Brazil to China and therefore do not signal a broad return to robust consumption. Freight rates, which are down more than 90 per cent from their highs last year, will not see a sustained recovery until the oversupply in the shipping market...
Sorry, you do not have access to this page because you are not logged in.
If you are not a subscriber or a trialist and you want to discuss how to access our work please:
Trusted Sources helps clients identify investment opportunities in emerging markets, exploit them with greater confidence and stay alert to associated risks.
Learn more about our approach, our team and our research, as well as our media appearances.
