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Dry bulk freight futures almost on par with spot rates

The forward curve is more or less flat to spot freight rates across the dry bulk segments, although a seasonally strong fourth quarter should provide a bit of a push, according to market participants

The seasonality effect of a typically strong fourth quarter should provide tailwinds for the capesize market, according to US-based Breakwave Advisors. It added that current pricing for Calendar 2021 looks ‘cheap’

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