Capesize paper market traded on narrow range as trade participants were concerned over several holidays in Far East in coming days.
Capesize paper market continued to run out of the steam and fell for the third consecutive day amid bearish market sentiments.
Capesize paper market contracted upon falling bunker prices and bearish market sentiments over shipping market.
Capesize paper market went downhill on lower trading activities over bearish market outlook and falling crude prices.
Capesize paper market have regained the $10,000 mark once again, thanks to much buying enthusiasm in the Pacific basin.
Capesize paper market rallied on decent shipping demand after being well supported by both the Pacific and Atlantic basins.
Capesize paper market traded on high with firm support from the Atlantic market.
Capesize paper market traded on a tight range and managed to make some significant gains.
Capesize market drew support from more Brazilian and South African cargoes as miners tried to make up for the slow exports during the Q1 2020.
Capesize paper market continued its upward movement with positive market sentiment in both Atlantic and Pacific basins.