Mideast freight for easy chemicals to China recovers on fixture

04 November 2011 09:43  [Source: ICIS news]

SINGAPORE (ICIS)--The Middle East freight rates for easy chemicals to China recovered this week after four weeks of weak demand.

A November shipment was booked at $52-54/tonne (€37-39/tonne) for a 12,000 tonne cargo of easy chemicals from the Arabian Gulf to China, according to a shipowner.

Freight rates for shipping 10,000 tonnes of easy chemicals were assessed at $45-46/tonne on 28 October, according to data from ICIS.

($1 = €0.72)

For more pricing intelligence, visit ICIS pricing

By: Lester Teo

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