FFA trading has more than halved since the collapse of Lehman Brothers

FFA trading has more than halved since the collapse of Lehman Brothers

Analysts at Alphabulk are reporting that capesize FFAs have seen their weakest six months of trading in five years, with just 199,228 lots changing hands in the first six months of the year.

The 199,228 lots traded from January to June is the lowest figure since the first half of 2013.

Dry bulk FFA volumes also fell as a whole during the last complete six-month period, down by 9% year-on-year, reaching their lowest levels since the first half of 2016.

Also of note in the latest weekly report from Alphabulk is the statistic that the FFA market has now more than halved compared to the pre-financial crisis era. Some 1.2m dry bulk lots were traded in the six months before Lehman Brothers folded, whereas the equivalent figure over the last five years has hovered between 500,000 and 600,000 in each six-month period.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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