Ø Indian news filters through
Ø Impetus needed
Frozen in Fear:
Having seen a decent share of the
tonnage in the past few weeks head towards the shores of Pakistan , there was something of a freeze on
buying this week as news and sentiment started to filter through from India
As was the case with their competing
neighbors, there appeared to be a growing reluctance from Gadani recyclers to
even offer on most available units, as many of the hungry buyers had already
filled their yards or have decided to hold off on the offering, in the
expectation that further falls in price could be forthcoming.
It was therefore another blank week for
the sale's board with some urgent impetus needed to fire up the market once
again.
NO Market Sales Reported
Source: Hellenic Shipping News (Sourced
from GMS Weekly). 22 November 2011
http://hiweb.blob.core.windows.net/hellenicshippingnewsbody/pdf/November%2018,%202011.pdf
No comments:
Post a Comment