Vessel supplies in the tanker sector are tightening as vessels are “disappearing” from the position list. There is some indication that the position list on both sides of the Suez is “wanting” right now and many are expecting an uptick in rates. There is an odd lack of transparency in the markets at present, however, which is making charterers more cautious booking vessels, especially with this week’s volatility in oil prices. The bifurcation in dry bulk markets became more extreme this week with the Handysize and Supramax sectors remaining firm while the Capesize sector imploded. Capesize vessel rates were particularly weak in the Pacific basin with rates dropping about $4/MT for key routes. The Atlantic...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.