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Data period 07 July 2014 to 07 July 2015
AFRAS: The market’s looking soft in the Med. The one cargo out there has a good 6 offers – Charterers are countering at 80 x 85.
FFA: IO takes a beating with heavy losses across board. DCE hits limit down during both sessions causing mass selling. Aug last 46 and q4 45
TC6: Clean cross med – huge demand last wk, we resume at ws 240 levels translating to ard 40k usd/day. sentiment amongst owners is buoyant.
AFRAS: The Med market continues to gently ease – 80 x <120 is on subs for Ceyhan business.