FIS API Blog
Capesize freight rates continued the downward slide despite some improvement in the paper market. The Capesize 5 time charter average then fell by $1,281 day-on-day to $17,121 on Tuesday, but managed to send some positive signals to shipowners due to the improving paper market. However, the physical market remained weak and dragged down the Baltic …
Continue reading “Capesize rates slide despite improving paper market”
Verdict – Short-term neutral. DCE iron ore kept rebounding from afternoon session on Oct 19th . From hourly chart, CCI is approaching 2 weeks high from six day low. MACD is also slightly picking up above 0 axis. A rejection on 809.0 area would indicate iron ore return to bearish territory. A breakthrough on this …
Continue reading “Iron Ore DCE January Daily Technical Review Oct 21st”
Ferrous Market – Australia port maintenance estimate cause iron ore decrease on delivery arround 2.17 million tonnes. Brazil maintenance impact 507,000 tonnes. However Australia and Brazil delivery to China proportion both increased, Australia and Brazil iron ore delivery also approaching 4 month high. – Port stock increase enables steel mills have more alternative …
Iron ore is making hard work of its upside push at this point with DCE futures finishing the night session up CNY 6.5 at 692. The offshore came under pressure whilst the DCE was closed with the night session leaving the futures basically unchanged from the previous day’s close. Rhetoric for iron ore bulls …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
*Fuel Spreads Move Further into Backwardation* Both HSFO and VLSFO fuel oil futures have moved further into backwardation on front month spreads, as demand returns, and supply holds steady. News that there were potential supply shortages in China of VLSFO fuel were echoing through the market and helped lift front Sing 0.5% spreads up to …
