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Good job @beng bengbeng... let's just hodl.
@ tan nelson every movement sure got people worry or excited one. not only when it is up people resurface. Down that time to 0.66 @Anthony Tan also here said that he will wait for 0.6 to enter. ended up he suxk up with his own 'prediction' and catch at higher price still trying to pretend like a pro here told you here told you there...
Very simple ma, red sure need keep quiet la. Tak kan red liao still shout meh. It all depends u are at what position la, contra kaki, mid term or long term?
Guys instead of following bdi, please take a look at silicon price, namely pmbtech. Price of silicon metals has exploded. Today its at usd61,125 per tonne. Last week at usd41,196. In 13 July it was only at usd14,308.
This will augur well for Pmbtech coming fy22. They have also expanded production capacity multi fold recently.
BDI is referring to composite index of BCI(40%) BPI(30%), and BSI(30%).
Maybulk current vessels largest under Panamax category (BPI) to be specific. Expecting there will be spillover to BPI from BCI when customer had no choice to switch to using Panamax vessel.
The Baltic Exchange Dry Index extended gains to a fourth straight session, rising 4.4% to 5,647 on Wednesday, its highest level since September of 2008.
Base on QR3 reflect by BDI avg 5k-5.5k, net profit margin should be around 60mil to report. QR1 to QR 2 change is 1 fold, QR 2 to QR3 is double of Q2 according BDI
