According too OZL ann today sopt sea freight rates have dropped 90% -
"Freight rates have continued to decline on the back of lower demand and an easing in oil prices. Spot sea freight rates fallen around 90% since peaking in May"
This should help buyers of RP worldwide, allowing them to maintain buying at Morocco's higher price.
http://newsstore.fairfax.com.au/apps/previewDocument.ac?sy=age&ss=AGE&docID=GCA00922695OZL&backTo%3Dhttp%3A%2F%2Fmarkets.theage.com.au%2Fapps%2Fqt%2Fquote.ac%3Fsection%3Dsummary%26submit%3D%26code%3Dozl&f=pdf
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According too OZL ann today sopt sea freight rates have dropped...
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