Rocco's Dry FFA Update: "ZERO...You hear what I said!"
Tone: Capes and Panamax weaker once again as levels drift towards ZERO…at ZERO we should see some support
Capes Index $5732: Feb/Mar 9300 -150 -350/day Q2 12050 -50 -250/day Cal12 12400 unch -250/day Cal13 14400 unch -100/day
Panamax Index $6882: Feb/mar 9400 unch -300/day Q2 10900 unch -100/day Cal12 10250 unch -50/day cal13 11100 -50 -50/day
Smax Index $7534: Feb/Mar 9300 unch -300/day Q2 10400 +300 unch/day Cal12 10050 +50 -50/day cal13 10750 +100 unch/day

Reader Comments