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Dry Bulk Political and Trade International

Capesize market moves out of depression

The capesize market has found renewed strength as the Brazil to China route gained momentum, leaving market participants feeling positive about spot rates in January

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Capesize rates have surged 50% since December 9 when it hit a six-month depressive low. The counter-seasonal strength is expected to continue into the early part of next year

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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