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You are here: Home Archive 2009 July 13 Dry bulk paper trades in the doldrums

Dry bulk paper trades in the doldrums

by Michelle Wiese Bockmann - Lloyd's List last modified Jul 13, 2009 01:01 PM

Falling capesize rates and market uncertainty has resulted in lacklustre trading in dry bulk derivatives and continued low levels of liquidity.

“People are very nervous about the market so there is no real directional trading taking place. Everyone is very hestitant and holding off for now,” a broker said of trading in the paper market.

On the shipping side, many perceived...

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