futures market report

 

MBIOI-62%       88.30    API2: 47.25          Crude: 54.95            Rotterdam 380:    274.25        Singapore 380:   284.75


In short...

Cape

A weaker day on capes, with the nearby again drifting with March at $4,200 and Q3 at $15,500. The deferred came under pressure with Cal21 trading down to $13,450 but found support there. Overall with physical weak, it doesn't look like the tide is turning yet.

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus


Panamax

A stronger day for the paper: March trades to $8,000; April to $9,500; Q2 to $9,900 and Q234 to $10,350. We end the day supported albeit with offers still circulating at just over last done levels.

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus


Supramax/ Handy

Smx traded sideways today on the prompts with the index slowing down and the Q2 ranging $9,100 - $9,250 (flat). The rest of the balance of the year ticked up a bit with Q3 trading $10,200 (+$100), and Q4 $10,100 (+$121).

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus


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