Muslim Ramadan occurred this year same time as the Chinese holidays, and Ramadan has always slowed somewhat down the goods transport. In addition China and India have almost stopped buying coal and iron, because the Aussies and Brassies have lifted their prices again. How long their boycott will last - nobody knows - but as always, when they begin to buy everybody wants their goods now and fast, and the bulker prices surge upwards.
Strange would it be if it shouldn't happen also this time.
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