karma

Dry Bulk Shipping: Recent BDI Rise Is Heartening

while it's true that china has this huge stimulus package, expect the chinese mkt to freeze up for about 2 wks for chinese new year celebration starting 1/26. in fact, the freeze in eco. activities starts a few days before the celebration because workers pack up to visit family elsewhere. there's a whole ritual of visiting ancestral graves & celebrations with family & clan members. I don't expect things to move again till about a full week after the lunar new year celebration starts.