Capesize paper market continued its downward trend on a short trading week, and gloomy freight outlook.
Chinese futures suffered a dip on Monday, as market participants seek for market directions amid uncertainty.
Chinese futures dropped on Tuesday, due to slow down in restocking activities.
Chinese futures retreated on Monday from lower iron ore demand amid coronavirus outbreak and rising port stocks.
Capesize paper market booked slight gains toward the end of week amid bearish sentiments.
Chinese futures ended the week on gains, with better buying interest at the afternoon session.
Chinese futures rebounded on Thursday, on better buying interest at the afternoon session.
Capesize paper market continued to slide on bearish market sentiments, with physical market taking a dive.
DCE faced correction on Wednesday due to the higher transaction fees and rising Australian iron ore shipments to China.