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Dry Bulk Market: Correction Mode Evident This Week

Capesize The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. Whilst the catalyst was not isolated to one loading area, the C5 West Australia round rapidly traded lower on Thursday, dropping from $7.80 to $7.05 in successive trades, whilst the benchmark C3 Brazil fronthaul route ...

WP_Post Object ( [ID] => 230509 [post_author] => 78 [post_date] => 2020-09-06 21:00:57 [post_date_gmt] => 2020-09-06 21:00:57 [post_content] => Capesize The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. Whilst the catalyst was not isolated to one loading area, the C5 West Australia round rapidly traded lower on Thursday, dropping from $7.80 to $7.05 in successive trades, whilst the benchmark C3 Brazil fronthaul route ... [post_title] => Dry Bulk Market: Correction Mode Evident This Week [post_excerpt] => Capesize The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. Whilst the catalyst was not isolated to one loading area, the C5 West Australia round rapidly traded lower on Thurs... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => dry-bulk-market-correction-mode-evident-this-week [to_ping] => [pinged] => [post_modified] => 2020-09-06 21:00:57 [post_modified_gmt] => 2020-09-06 21:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=831701 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )