Dry Bulk Market: Chinese Holidays Disrupting Freight Rates
Capesize The week was defined by holiday-disrupted liquidity and gradually softening sentiment across both basins. Lunar New Year celebrations in China and across much of Asia curtailed participation early on, limiting activity and constraining momentum. Initial firmness on C5, with a major miner fixing at $9.50, proved short-lived. As the week progressed and Singapore returned,…