Table 4 Tubarao–China ores.
From: Panamax markets behaviour: explaining volatility and expectations
R-squared | 0.953041 |
Adjusted R-squared | 0.952890 |
Static Forecast (Freight rate on 3/1/2020) | $25.94/tn |
Static Forecast (Freight rate on 3/7/2020) | $27.43/tn |
Actual freight rate on 3/1/2020 | $26/tn |
Actual freight rate on 3/7/2020 | $28.60/tn |