From Bloomberg May 6 -
"The Baltic Dry Index, which measures commodity-shipping rates, gained the most in almost three months on demand to haul coking coal and iron ore to make steel. The gauge surged 5 percent yesterday, according to the Baltic Exchange, the biggest leap since Feb. 10."
Hadn't looked at AQA before. Surprised to see how huge and diverse it is and how well it is travelling. Too many good elements to quote stand-outs - although the record coal sales booked for June at their 50% JV with Vale caught my eye.
Worth reading: http://www.asx.com.au/asxpdf/20090430/pdf/31h9x9052h5ld1.pdf
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