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You are here: Home → Archive → 2010 → January → Weekly Edition 14th January 2010 → Volume of FFA trades predicted to double

Volume of FFA trades predicted to double

by Liz McCarthy and — last modified Jan 15, 2010 09:45 AM

THE VOLUME of dry bulk forward freight agreements (FFAs) traded this year is set to double compared with 2009 levels, according to Freight Investor Services.

A combination of firm underlying raw materials demand in Asia and strong volatility has rekindled the interest of banks and trading houses in freight as an investment opportunity, FIS managing director John Banaszkiewicz said last week.
“We are off to...

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