great observation Frog.I subscribe to SMM and Hellanic Shipping news as both provide superior data.
check out the last line of the "market commentary" section within the SMM daily report that speaks to your conclusion.
of course we have a few geniuses around here - that challange others on prices without actually really understanding how IO prices are actually made or don't understand the diversity of prices or different standards.
No points for guessing who these posters are. But they are full of down ramping and vitriol instead of data or facts...
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