Volatility reappears in Capesize freight market as supply-demand balance tightens

摘要

Capesize supply-demand balances have tightened, volatility has re-emerged in the sector. After hitting a 34-month high on 25 September of $42,212/day, average Capesize earnings have retreated to a month-low of $31,546/day, incorporating a week-on-week drop of more than $6,800/day.