Capesize FFAs hitting prolonged highs not experienced since the 2000s

Capt. John

Capesize rates are on a charge, leaping by more than 10% on the Baltic Exchange yesterday to stand on the cusp of the $30,000 a day mark thanks in no small part to strong volumes of iron ore from Brazil to northern China.  Moreover, FFAs look strong with March contracts of more than $30,000 a …

https://splash247.com/capesize-ffas-hitting-prolonged-highs-not-experienced-since-the-2000s/

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