GMS Week 16 – Extension Exploitation!
Volatility in the last few weeks still seems far from being completed even though there is a 90 -day tariff break for various countries that are determined and Negotiations continue seriously to see what can be offered or even saved at this time, in a trade war that is increasingly full and unnecessary this is bought by the Trump team in their second term. The surprising tariff for China was reported to have culminated to 245% from last week when President XI took a stronger attitude towards the US and rejected further negotiations with Trump, all while the European Union and China made a decisive profit in reducing trade between continents / countries. Meanwhile, even though the dry market rose for week by 1.6%, overall, they have rejected 24% of this month (according to the Baltic Exchange Dry Index), because the oil itself rose more than 3% to end this week at nearly USD 64.50/barrel, in the presence of OPEC+ countries that are now reversing the way to the output of the output of output and the design of the Round Dishes on Global Global Disker. When protests raged throughout America with the hope of suspending (economy) suspension, the child market must also experience a knock on tariff effects because the deadlock between China and the remnants of the US is a special concern for recycling of Indian sub-sub-ships and the possibility of higher steel detention. In addition, the reciprocal rate will certainly affect the location where the sub-annua market resells their materials to and therefore, until the landscape tariff is ironed, it remains difficult to measure what is the overall impact on the ship’s recycling sector, including the price of ships moving forward.
The 90-day break has brought some leeway from what is expected to be a busy second round until this year-in terms of the supply of vintage ships that were overwritten for recycling sales including many bulkers and containers built by 90s who have succeeded in expanding their respective trade lives. Conversely, behind the new shipping market -new tightening, the purpose of recycling is being seized by tonnage once again causing demand and prices to remain stable, especially when we stand in front of other crazy monsuns for only 6 weeks and local fundamentals show shares of each volatility. The US dollar shakes a week with its diverse performance to the recycled country currency, and the price of steel plates began to display signs that are no longer profitable. Thus, this may be a good time for non-HKC YARD to concentrate on improving facilities, all while the authorities in Bangladesh have not confirmed extension outside the March 31 deadline for Yard to start the increase in pages until June 26 after that, their future operations will be rejected. While Pakistani recycling still has several ways to go with their improvement, Türkiye at the end of almost all fundamentals decreased when continuing its journey to the despair of the despair.
Overall, as the countries in the economic doomsday that seem to be induced by one of these people which are damaging countries and global businesses, whatever eventually happens, 2025 of course packs itself to offer a surprising level of economic imbalance in trade vessels and recycle space for future exchanges. This can cause unprecedented collapse in security, global trade, and even the collapse of sanctions that can once again witness the start of the USDN / OFAC tonnage delivered on the coast, all while the global security promise and US prosperity began to lose effect. Difficult year in front!
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Source: GMS, Inc. https://www.gmsinc.net/gms_new/index.php/web
