Asian Panamax coal freight rates stabilize on improved sentiment

摘要

Panamax coal freight rates in the Pacificstarted to stabilize in the second half of the week onimproved sentiment, even if the Chinese New Year holidays brought activity in the physical market to a minimum.Sentiment in the Panamax coal freight market was low atthe start of the week, with market sources citing limitedtrading activity while many participants were away for theChinese New Year holidays.