As one or two more buyers began to emerge to the table to pique cash buyer interest, so one or two more owners began to take notice of a visibly emboldened Bangladesh market.
Indeed, existing cash buyer inventory began to be diverted to eager buyers in Chittagong once again (both 'as is' and those vessels coming from the East) and Chinese / Far East owners began to check levels once again as a viable alternative to the improving China market.
Prices though are not a million miles ahead of what India / Pakistan are proposing and may not yet be high enough to tempt vessels positioned in the Far East to make the voyage over.
Nevertheless, it is worth keeping an eye on Bangladesh with the year-end approaching as it may be that the famed appetite to buy is returning there -something that can only be good for an already saturated sub continent market.
