Transcription of March 2022 | Week 10
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March 2022 | Week 10
07th - 13th March 2022 | Week 10. For those looking for the historical reference to what's going on in the markets right Dry Bulk Freight Market now, it looks as though we are now getting echoes of the 1970'2 oil shock. The con- W-O-W change nection may well be light and with several of the drivers being different, yet the es- 11 Mar %. sence seems to have unwittingly familiar effects. The 1973 oil shock drove the world BDI 2,718 p 570 through escalating commodity prices (mainly within the energy space) into a decade of BCI 2,676 p 1041 64%. high inflation and endless financial stress.
1 11 Mar ±¨ ±% BDI 2,718 S 570 26.5% BCI 2,676 S 1041 64% BPI 3,187 S 402 14.4% BSI 2,939 S 353 13.7% BHSI 1,548 S 105 7.3% W-O-W change For those looking for the historical reference to …
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