Author: Romil Sethi
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South Asia: Ship-breaking import prices fall by $10-30/LDT on dull sentiments
The ship recycling market is in a confused state at present amidst volatility in demand and supply constraints. There is still a shortage of units available for recycling. Ship-breaking import prices dropped by up to $30/light displacment tonnage (LDT) in India. Prices in Bangladesh and Pakistan markets dropped by $10/LDT w-o-w. India: Bid-offer disparity results…