Front-month fuel oil contract fell 2.00% intraday to 4,918 yuan/ton.

Russian Foreign Minister Lavrov met with the OSCE secretary general on the sidelines of a security conference in Minsk.

Baltic Dry Index fell 58 points (2.14%) to 2,590 on Tuesday, its lowest since Oct. 19. Capesize index down 142 points (3.58%) to 3,821, lowest in a week; Capesize average daily earnings fell $1,293 to $31,148. Panamax index fell 8 points (0.43%) to 1,866, marking a 15th consecutive session of declines and its lowest since Apr. 13; Panamax average daily earnings dropped $76 to $16,791. Supramax index slipped 10 points (0.54%) to 1,846, the lowest since Oct. 14.