Dry Bulk Commodity
- A commodity which is shipped in large, unpackaged amounts. There are many transport companies that specialize in dry bulk delivery. These dry bulk commodities are usually divided into two categories; major bulks and minor bulks. Some examples of major dry bulk commodities include coal, ore and grain. Minor bulks include steels, sugars, cements etc.
The transport of dry bulk commodities is highly regulated, due to the effects that an in-transport accident can have on the environment. Since these commodities are unpackaged, a spill puts them right into the environment and renders them extremely difficult to clean up leading to destruction of the environment and possible endangerment of people and wildlife.
Investment dictionary. Academic. 2012.
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