The capesize market has slowed considerably although rates remain strong, with very little reported in the last few days.

Capesize rates have achieved up to $24,000/pdpr for one-year periods with the likes of Pacific Bulk fixing at such levels, however the market is likely to be fixing around $22,500/pdpr moving into the remainder of July on average.

The Cape market remains around $21,500/pdpr for short period whilst a slower Atlantic market has seen the one-year rates drop to $19,500/pdpr.

The Capesize market continues to achieve higher returns for both one- year and short period with fixtures reported to Cargill and Louis Dreyfus

Cape rates for one-year period have fallen off since last week to $18,500/pdpr following a slowdown in Australian trading despite busy spot fixtures reported.

Capesize one-year rates continue to trade above $20,000/pdpr despite a softer spot market in the East.

The Capesize market for short period can achieve over $22,500/pdpr with fixtures of over $23,000/pdpr reported.

Despite the Posidonia exhibition, the market has remained resilient this week with Cape rates up $500 to $18,500/pdpr for short period and holding firm at $18,000/pdpr for 1 year following strong C5 and C7 business.

The Cape market has reported minimal period fixtures this week with one-year rates holding around $18,000/pdpr.

The Cape market has suffered due to the Atlantic holidays and weaker stems from Australia with short period fixing at $16,500/pdpr.

The Cape market has improved following stronger Australia/China trading with 6 months rate fixing at $19,000/pdpr and 1 year at $19,500/pdpr.

The Cape short period market has ticked up to around $19,000/pdpr levels.

The Cape short period market has returned to $18,000/pdpr levels and touching $19,750/pdpr for 1 year.

Capes rates rose for a second week off the back of a resurgent Australian coal market as Swissmarine and Rio Tinto took vessels in the market.

Cape short rates pushed up to mid-$14,500/pdpr levels off the back of improved ECSA mineral loading.