Pacific Capesize market opens on sluggish note due to holidays

摘要

Singapore—The Capesize market opened the new trading week on a sluggish note as many countries in Pacific basin were still shut for trading due holidays. “Last Thursday and Friday were somewhat slow and due to holidays,” a shipbroker said, adding that a slow and short trading week was expected. Sentiment was weak in the paper market, as well as the bunker market.