Demolition report dated 27 November 2020

Following a lackluster few quarters for the Bangladeshi market, demand has come surging back and prices in a cartel-less Chattogram shot up this week as local offers are no longer going through (or are restricted by) a committee of powerful local individuals, who had set up the cartel to begin with.

The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.


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