05-11-2016

Dry Bulk FFA: Market Flat at the end of the week

FIS

Capesize Commentary:
A flattish day for the paper market while the physical continued to edge slightly higher. The Pacific led the way with 5.50 fixing for the C5 and there were unconfirmed rumors of 5.80 doing the rounds. Volume was good in the paper market but mainly sideways trading. All eyes are to next week now to see if these rates can be maintained. Have a good weekend.

Panamax Commentary:
It was a fairly sluggish close to the week on Panamax paper with little change across the curve as most seemed happy to welcome in the weekend. Nov and Dec continued to print $7000-7100 and $6700-6750 respectively while further out cal17 remains well balanced at the years highs $6125-$6175. Good weekend to all.

Supramax Commentary
A very quiet end to the Supramax paper week as we saw the day drift from start to finish with little activity. Nov was trading $7500-$7450 range. Have a good evening and a great weekend.

Handysize Commentary
Handy paper witnessed a flat and static day with little change down the curve. Have a good evening and a great weekend.


 

Source: Freight Investor Services (FIS)

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