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Re: Eurotradr post# 652

Saturday, 05/04/2019 10:11:14 AM

Saturday, May 04, 2019 10:11:14 AM

Post# of 1285
Healthy tonnage availability saw Suezmax rates come under downward pressure. The market for 130,000mt from West Africa to Europe dipped to WS 55/57.5 region, before recovering modestly to WS 60.

Black Sea rates also weakened, with the market now in the high WS 70s for 135,000mt cargo. This is in contrast to WS 80 a week ago.

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