Capesize freight rates stable despite some weaker sentiment

摘要

While Asia-Pacific and Atlanticfreight rates were relatively stable onWednesday, market sentiment had actuallyweakened compared with late Tuesday.The drop [from overnight levels]shouldn't come as a surprise" a source witha shipbroker said. "I think this breather is agood thing. The market needs some time todigest the elevated market levels to betterseek a new and stable market equilibrium,"the source added.