Author: Romil Sethi

South Asia: Ship-breaking import prices in India fall $5/LDT w-o-w, trading subdued

Dec 29, 2021

—

by

Romil Sethi

in Ship Breaking

Ship-breaking import prices in India fell by $5/light displacement tonnage (LDT) while prices in Bangladesh and Pakistan remained unchanged, w-o-w. Buying interest from India slowed down with end buyers waiting for the market to stabilise before making any purchases. Currently, Indian buyers are standing far behind their counterparts from Bangladesh and Pakistan in terms of…