futures market report

 

MBIOI-62%       79.62     API2: 49.25          Crude: 54.93            Rotterdam 380:    278.25       Singapore 380:   330.25


In short...

Cape

A softer day on capes, with the index down to 2660, the nearby fell further, Feb to low of 3500 and march at 6000, q2 down to 10650 and q3 started to wobble trading down to 16200. The curve looks vulnerable to come off further with big premiums over spot and no positive news on the horizon

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus


Panamax

A busy end to the week with the market once again holding its ground: March traded to $7,100; April to $9,200; Q2 to $9,650, Q3 to $10,600 and Q4 to $10,650. We end the day supported and with all eyes on the physical for next week.

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus


Supramax/ Handy

Smx FFAs closed the week touch down from the day before with March traded $7200 and down to $7150 (-$154). Q2 printed ranged in a tight flat range $9100 - $9150, while, the Q34 traded a few clips at $10150 (-$43).

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus


The content of this document is for information purposes only and should not be viewed as trade recommendation, nor solicitation to trade