MID-SHIP Cement Report – Sept 23, 2024

September 23, 2024

Market Overview:
We start the week on a positive note, albeit continuing the relatively flat/narrow range trading from last week.

Broker Team Estimates and Historical Data:
Please refer to the below chart, which illustrates our broker team estimates for commodity specific trade lanes and the historical range they have traded in the past year.

Market Outlook:
The fall season has arrived in the northern hemisphere, and the market is cautiously optimistic, positional volatility remains a concern, while rates for now trade within a narrow range in all segments.

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