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Dry Bulk FFA: Capesize Market On Positive Momentum

Capesize Commentary

A positive day in terms of rates paid for the FFA’s but volumes were slight and although the indices were marked lower, there was a feeling that the physical has bottomed out.

Panamax Commentary

It was a more positive close to the week on Panamax paper with some improved buying coming through after slightly more optimistic index. Aug traded up to $12300 while Q4 and cal19 printed $12400 highs.

Supramax Commentary

Extremely quiet close to the week on Supramax paper with rates a tick better bid early on prompts before setlting into a steady range post index.

Handysize Commentary

Quiet day on handy paper with no reported trading.

Full Report

Source: Freight Investor Services

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