Forward freight activity signals cautious optimism for the quarter
Paper market interest has picked up alongside firmer physical sentiment.
Activity in forward freight agreements has picked up, with brokers reporting increased interest in Capesize and Panamax contracts for coming quarters.
Participants described positioning as constructive but measured, reflecting uncertainty over cargo volumes later in the year.
Physical market firmness has supported sentiment, although the two markets can diverge over short periods.
All derivative values referenced in this publication are indicative and should be verified with the relevant exchange.
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