How will rising shipping fuel costs affect industrial minerals?

• Autores: Cameron Perks
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 603, 2018 (Ejemplar dedicado a: Julio-Agosto)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • 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.”