futures market report
 

MBIOI-62%       86.51     API2: 49.40         Crude: 57.75            Rotterdam 380:    307.50       Singapore 380:   329.50


In short...

Cape

Another day with physical doing nothing, and paper hoovering around similar numbers, we tried to push but met a wall of sellers on Q34 cape at higher numbers. The market as a whole continues to lack any clear direction.

 

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus


Panamax

The Panamax paper traded up today with March trading to $7,800; April trading $9,750; Q2 trading $10,350 and Q34 trading $11,075. The Cal 21 Panamax remains stuck $9,825 at value.

 

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus


Supramax / Handy

Another day on Smx with all physical routes in the green and the whole curve ticked up. Mar traded from $7,300 up to $7,500 (+$107), and, Apr up to $9,250 (+ $150). Q2 printed between $9,450 and $9,600 (+$267), and Q34 $10,500 (+$96) a few times.

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus


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