The Capesize market was relatively slow Friday, with fewer cargoes seen and even fewer fixtures concluded.
Most shipbrokers said there was a slowdown in activity. "The market is flat and quiet today. A typical Friday," said a shipbroker.
For the key Western Australia to Qingdao route, the bid-offer spread was wide in the morning but gradually narrowed to around $7.25/wmt towards the end of Friday's trading session.
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