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International Dry Bulk Capes

Dry bulk market failing to inspire

Signs of a small recovery in the capesize market dashed as spot rates plummet to almost $2,000 per day, the lowest since May 2020

  • Analysis

Hopes of a post-Chinese New Year boost fail to materialise with capesizes bearing the brunt of the losses, while sub-capesize segments in limbo trading in the $7,000 per day range mainly due to conflicting signals

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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