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AFRAS: The Med market continues to gently ease – 80 x <120 is on subs for Ceyhan business.
Afras: Rates are gently easing in the North: Baltic / UKC 100 x ws115; cross North Sea 80 x ws135.
FFA: Despite further rate cut from PBoC IO continues to tumble today w the weight of greek debt crisis adding to the bear story Jul lst $57