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Bangladesh Shipping Corporation has won a dispute over its role as sole chartering agent for government goods shipments. A new rule is being drafted to end the independent chartering by state entities.
Some state corporations, including BCIC and BADC, had previously chartered vessels on their own, including for diammonium phosphate shipments.
Centralizing chartering may change how Bangladesh's state fertilizer imports are shipped, which could affect freight timing and costs for DAP cargoes.
thefinancialexpress.com.bdSyful IslamJan 20, 2018After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
