Capesize paper market rebound from losses with more ships being fixed in the Atlantic market.
Capesize paper market slipped on slow physical market as the Pacific market started to lose support with little shipping demand.
The Capesize paper market slipped in low volume as the Pacific market softened and sent mixed messages to trade participants.
Capesize paper market slid into losses amid bearish market sentiment over countries’ lockdown that lowered fixtures.
Capesize market came under pressure upon market concerns over country’s lockdown to curb the coronavirus pandemic.
Capesize market continued to loom by coronavirus spread toward major iron ore exporting ports.
Capesize freight market was largely stagnant amid high market volatility and thin trading activity.
Capesize paper market had inched up over the past days, despite limited physical trading activity and lower freight rates.
Capesize market gained slightly on Tuesday, with little impact on dry bulk rates from US Fed emergency interest cut.
Capesize market had a quiet opening at the start of the week with limited trading activity in both basins.