FIS Supramax & Handy size FFA Report
Supramax Commentary
Early support eventually spilt over into some firmer buying onSupramax paper today as the US Gulf / North Coast South Americacontinue to fuel optimism. As a result Q3 was paid up $8400-8550narrowing the discount to spot ever so slightly while Q4 finally saw abreak through resistance at $8600 to print $8650 several times.
Handysize Commentary
Quiet day on Handy paper with rates still at a stalemate despitean uptick in interest particularly down the backend of the curve.