Baltic Dry Index to Push Through 4,000 points? | Hellenic Sh

Baltic Dry Index to Push Through 4,000 points? | Hellenic Shipping News Worldwide


Baltic Dry Index to Push Through 4,000 points?
Commodity markets were shaken over the weekend when news got out about the Chinese government warning “speculators” and “hoarders” in commodity markets about price fixing activities. But let’s be clear, the Chinese authority, the National Development and Reform Commission, has been making vague accusations and threats, rather than identifying instances of malpractice.
In this press release (https://www.ndrc.gov.cn/xwdt/xwfb/202105/t20210524_1280583.html) of 24 May, China’s National Development and Reform Commission, notes that, “since the beginning of this year, the prices of some bulk commodities have continued to rise sharply, and the prices of some varieties have reached new highs, which has attracted widespread attention from all sides. This round of price increases is the result of multiple factors, including international transmission factors, but also in many aspects that reflect excessive speculation, disrupting the normal production and sales cycle, and contributing to the price increase.”

Related Keywords

Beijing , China , United States , Singapore , Brazil , Chinese , American , , Strategy Ltd , National Development , Reform Commission , China National Development , American Rescue , Shipping Strategy , Bulk Carrier Market , பெய்ஜிங் , சீனா , ஒன்றுபட்டது மாநிலங்களில் , சிங்கப்பூர் , பிரேசில் , சீன , அமெரிக்கன் , மூலோபாயம் லிமிடெட் , தேசிய வளர்ச்சி , சீர்திருத்தம் தரகு , சீனா தேசிய வளர்ச்சி , அமெரிக்கன் மீட்பு , கப்பல் போக்குவரத்து மூலோபாயம் ,

© 2025 Vimarsana