The S&P Global Platts Cape T4 Index -- a trade flow based weighted average of four key Capesize routes -- dropped 50.88% from $50,768/d on Oct. 20 to $24,938/d on Nov. 9.
Over the same period, the KMAX 9 -- a trade flow based weighted average of nine Kamsarmax routes -- slumped 29.82%, while APSI 5 -- a trade flow based weighted average of five key Supramax routes within the Asia Pacific -- fell 44.33%.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
