Capesize rates fall on all routes: 4Q expected to be firmer

摘要

With the Asia Pacific and AtlanticCapesize markets continuing the week on arather quiet note, freight rates fell across allroutes Tuesday.“Not seeing much happening at all, wesaw some support on [the Western Australia-Qingdao route] yesterday [Monday], but thatmomentum and resistance doesn’t seem tobe present today. Say what you will, but at theend of the day, it’s all about the fundamentals.