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Capesize slump continues on ever-weakening sentiment

The market appears to be capitulating to weaker sentiment, especially concerning iron ore volumes. Some support is being seen from coal and bauxite trades

  • Analysis

Spot daily average breaches the $13,000 level, with cargoes lacking amid plentiful tonnage. Elsewhere, futures prices for the first quarter inch closer to the $6,000 mark, a record low for this contract, brokers say

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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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