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Dry bulk forward curve flattens after hype

The market had been expecting a repeat of the spectacular levels seen late last year, but that has failed to materialise, forcing the forward curve downward to near spot levels

High expectations at the start of 2022 for the third and fourth quarters in particular, emulating last year's trend, have slowly fizzled out as macroeconomic fears grow, but it is by no means a bear market, say derivatives brokers

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