** Oil workers flee as third storm in month aims for U.S. offshore fields** Royal Dutch Shell have begun the process of evacuating some of its platforms in preparation of the third storm in the space of a month. The 23rd named storm of the hurricane season was set to strengthen over the course …
Monthly archives: September 2020
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Daily Agri – Freight Report
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Capesize rates dip on mixed outlook
Capesize freight rates moved in mixed directions as the decent shipping demand, higher bunker prices and firm iron ore prices failed to push rates up. Thus, the Capesize 5 time charter average went down slightly by $114 day-on-day to $15,764 on Friday, amid the mixed market outlook. The Baltic Dry Index (BDI) however was rather …
DCE plunges on lower steel demand
Iron ore futures went off the cliff on Monday due to the lower than expected steel demand and bearish market sentiment. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange went to a steep dive since opening, dropping 2.88% day-on-day to RMB 776 per tonne on Monday. Likewise, the steel rebar …
Steel & Scrap Morning Report
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Fertilizer Financial Markets Commentary/Curves
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Oil and Ore Intraday Morning Technical
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Morning Oil Report
Brent futures were up 9 cents or 0.2%, at $43.24 per barrel whereas WTI futures were up 10 cents, or 0.2% at $42.21 a barrel. The UK begins the week with the news that the second wave of coronavirus is upon us, which brings with it concerns on how this will affect lockdowns across …
Supramax & Handysize FFA Daily Report
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