The Traderszone Network

Published in TZ Latest News 2 August, 2015 by The TZ Newswire Staff

Something Just Snapped: Container Freight Rates From Asia To Europe Crash 23% In One Week

One of the few silver linings surrounding the hard landing Chinese economy in recent weeks has been the surprising strength of the Baltic Dry Index: even as Chinese commodity demand has cratered in 2015, this “index” has more than doubled in the past few months from all time lows, and at last check was hovering just over 1,100.

 

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