Dry and Wet Markets lose steam; the despicable developments in Ukraine are far from over and a permanent Peace, a midsummer’s night dream. Covid strikes back…

John Faraclas

Midweek Market blues as BDI fells under 2,600 points threshold and Wets follow suit. Ukraine is the biggest set up and actors involved do not know their role as the script was too complicated… Shame, shame, Shame… Covid’s resurge will cause more mess. John Faraclas’ brief midweek recap:

The BDI (Baltic Dry Index) was down 98 points and now reads 2,591…

The Capes’ BCI was down 191 losing both the 2,700 and 2,800 points threshold and now stands at 2,632…

The Panamaxes’ BPI was down 99...

https://allaboutshipping.co.uk/2022/03/16/dry-and-wet-markets-lose-steam-the-despicable-developments-in-ukraine-are-far-from-over-and-a-permanent-peace-a-midsummers-night-dream-covid-strikes-back/

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