Asian freight rates drift down

摘要

Freight rates on major Asian routes have drifteddown this week as the coal markets soften.Capesize chartering rates reversed from therecent highs brought on by iron ore demand.Panamax and Supramax rates are feeling someeffects from the upcoming Hari Raya Puasaholiday in Indonesia, though agricultural productactivity in South America is bringing some supportto Panamaxes.