China iron ore, coal, grain demand support Q3 dry freight rates

摘要

The dry bulk market made a blisteringrebound during the third quarter on the backof sustained demand for iron ore, thermaland metallurgical coal along with grains. Thebullishness was mainly sparked by China drivingup the demand for raw commodities with thecountry starting to focus on higher quality iron oreand coal that had to be met by seaborne imports.