Dry Bulk Futures Rise Amidst Spot Rate Weakness

Capt. John

The futures curve for the dry bulk market has recently risen due to increased optimism about a strong post-Chinese New Year recovery. However, while this optimism exists, there is currently limited concrete evidence to support such a significant rebound, reports Breakwave Advisors. 

Spot Rates Modest 

Despite the significant spread between spot rates and futures, the absolute spot rate levels remain relatively modest. This suggests the potential for a substantial increase in spot rates shortly,...

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