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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

Posted on Thu, January 26, 2012 at 12:58 by Registered Commentermike reardon | CommentsPost a Comment

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