FFA 25/1-10

Capes:

After the slowest start to a week we've seen in a long time Cape paper started to drift a touch despite the modest gains made on the index. Seemingly all eyes are on physical waiting for any signs of significant movement which could leave us with a slow first half of the week.

Jan 39500 0
Feb 39750 -1250
Q1 39625 -875
Q2 38125 -1125
Cal 10 35750 -750

Panas:

Panamax paper can be summarised today by little movement and even less activity. It seems as though everyone had a weekend hangover! Hopefully tomorrow will be more inspiring and we can start the week!

Jan 30750 +750
Feb 28500 -1000
Q1 29000 -500
Q2 26000 -500
Cal 10 34375 -375