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Bullish futures contracts give capes hope

Capesize rates have more than halved since crossing the $40,000 mark a month ago, and yet FFAs into next year are showing extraordinary strength leading many analysts to believe a floor has been reached in the current cape run. Futures prices have recently been trading at record premiums versus the spot index, reflecting optimism for …

WP_Post Object ( [ID] => 250312 [post_author] => 76 [post_date] => 2021-06-09 08:05:52 [post_date_gmt] => 2021-06-09 08:05:52 [post_content] =>

Capesize rates have more than halved since crossing the $40,000 mark a month ago, and yet FFAs into next year are showing extraordinary strength leading many analysts to believe a floor has been reached in the current cape run. Futures prices have recently been trading at record premiums versus the spot index, reflecting optimism for …

[post_title] => Bullish futures contracts give capes hope [post_excerpt] => Capesize rates have more than halved since crossing the $40,000 mark a month ago, and yet FFAs into next year are showing extraordinary strength leading many analysts to believe a floor has been reached in the current cape run. Futures prices have rece... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => bullish-futures-contracts-give-capes-hope [to_ping] => [pinged] => [post_modified] => 2021-06-09 08:05:52 [post_modified_gmt] => 2021-06-09 08:05:52 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=144681 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )