- LPG shipping rates have seen what can only be called a dramatic start to the year.
- The steep gains, followed by the freefall have dwarfed the volatility seen in 2020.
- As we move deeper into 1Q21, and China comes back into the picture after a long holiday, we do expect rates to find some floor.
- Meanwhile, the stock prices which are otherwise highly correlated, have shown remarkable resilience, seemingly immune to the recent fluctuations in the spot market.
A recent news article published in the...
https://mfame.guru/the-rise-and-fall-of-lpg-spot-market-rates/