Despite a 4 day drop in BDI. Clue: A seasonal BDI down trend anticipated by analysts / shareholders who know what will be happening as the year 2014 unfolds. Wink wink !
Sentiment: Strong Buy
Most market participants did not expect Brazilian cargoes to reappear in the market immediately, noting that high moisture content in cargoes in the wet season would slow down loading and shipments out of Brazil.