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Dry cargo market report dated 6 November 2020

Capesize: The Capesize market continued to decline this week, albeit at a more gradual pace, as tonnage demand has become lacklustre to close out the year.
Ultramax/Supramax: A lacklustre week for the sector with rates and sentiment falling in both basins. Very little in the way of period activity surfaced with both sides reluctant to make any commitments.

The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.

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Posted: 09 November 2020

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