Outlook for freight derivatives market

Drying up?

Freight markets

The dry bulk freight derivatives market has had a disappointing year so far, with prices languishing near all-time lows and volumes of forward freight agreements (FFAs) continuing to collapse.

Some analysts feel prices are now so low that the only way is up and expect the last quarter of the year to be fairly tight. Others see prices and volumes flatlining for many months to come. The major influences will be supply of ships next year and what happens to the global economy. Most analysts feel pr

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