Panamax coal freight rates hold steady in Pacific

摘要

Panamax coal freight rates held steady Mondayon thin trading and caution over a recovery in the marketafter the Chinese New Year holidays, market participants said.There were few cargoes and fewer fixtures in the marketMonday, with most people in China still away from theoffice for the Lunar New Year holidays, sources said.“It’s still a post-New Year hangover; very flat,” a researchanalyst at a brokerage said.