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grajekk

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grajekk

Re: MJAM2020 post# 20532

Wednesday, 01/19/2011 8:19:55 AM

Wednesday, January 19, 2011 8:19:55 AM

Post# of 91121
I tried to go back through the posts this morning to find out what the price of spot was in mid to late October, when I started to get in CWRN. I couldn't find a quote, but it seems to me it was around $153/tonne. $30 increase X 75000 tonnes per shipload is dang near $3 million more per panamax! That ain't chicken feed!
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