Resumen de How will rising shipping fuel costs affect industrial minerals?
shipping costs make up a substantial proportion of the cost of these minerals to end-users, but how much? According to Mark North, shipbroker for London-based Thurlestone Shipping, the answer is that the consequences would be quite substantial, and something to which industrial minerals producers, end-users and intermediaries should be paying more attention. According to analysts at Morgan Stanley, Brent prices are likely to reach $90 per barrel within the next two years, due to the implementation of “new regulations for bunker [ship] fuel which take effect in 2020.”
