Spot rates across the bulker spectrum did not move much on Monday, but they did something else that does not happen every day.
They all stayed above $30,000 per day and within about $1,300 per day of each other, according to the Baltic Exchange.
The capesize 5TC, a spot-rate average weighted across five routes, inched up 0.9% from Friday to $32,755 per day on Monday.