Commodities 2023: Macroeconomic, China real estate woes may pressure dry bulk market

Bleak global macroeconomic indicators, coupled with uncertainty in the Chinese real estate sector, are expected to keep the dry bulk freight market subdued to an extent in 2023, while the ship supply side remains contracted, according to shipping market participants. Most freight market watchers while speaking to S&P Global Commodity Insights said that they hold bearish views for the first…