The end is nigh with BDI’s 317…

Markets, Shipping Indices — By on January 29, 2016 at 3:53 PM
John Faraclas

John Faraclas

Well well well. We are now entering the aggression period, well known to physiologists and strategists. All these situations and market conditions is simply a human aggression. Man is the sole creator of this as we are the cruellest and most ruthless business people in the Global Enterprise Village; John Faraclas weekly comment in ALLABOUTSHIPPING Market Recapitulation:

The BDI close down eight points at 317 which is 37 points down since last week’s 354 points, yet another all time historic low. The end is nigh!

The BCI down five at 211 which is 43 points down since last week’s 254 points.

The BDI down six at 287 poinst. That’s minus 38 points since last week when it clocked 325!

The Supras were also down 12 points at 304, that’s 46 points down since last week when the respective index closed at 350, and the last of the dry indices, the Handies’ BHSI was also down three points at 219, twelve points down since last week’s 231!

The last published BDTI and BCTI were also down six and 14 points respectively at 806 and 650; this is 53 and 36 points down since last week’s respective closing of 859 and 686.

Now, the ball is in your court and with messy geopolitics let’s see who can take the advantage of proper aggression and move successfully forward.

Watch out for an updated later on.


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