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Dry cargo market report dated 13 November 2020

Capesize: Any lingering doubts concerning the short-term prognosis for the capesize market were swept away this week as the timecharter average shed $2,350 to close at $12,498.  Ultramax/Supramax: The week started in the same vein as the previous one, with sentiment down in many areas. 

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: 16 November 2020

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