FIS API Blog
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Continue reading “Brent Dec 20 Morning Technical Comment – 240 Min”
A total of 1.38 million mt of iron ores was traded for the week ended Oct 2, down almost 27% week-on-week as compared to the 1.89 million mt recorded last week. The decline in trading volumes was due to the shorter trading week as the Chinese participants were absence in the market for the Golden …
Continue reading “Lower iron ore trade volumes amid Golden week holidays”
*Oil Extends Losses after Trump Tests Positive for COVID-19* News of positive tests of the President of the United States and the First Lady triggered Brent prices to fall 3% to lows of $39.40 per barrel today. The bearish news added to an already mixed market, with the news that OPEC+ compliance was lower than …
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Capesize freight rates jumped on strong physical market with huge gains for October contracts due to better shipping outlook. The Capesize 5 time charter average then hiked up by $3,701 day-on-day to $29,332 on Thursday, due to decent demand in both Atlantic and Pacific basins. The Baltic Dry Index (BDI) also rose by 8.35% or …
Continue reading “Capesize rates surge on robust physical market”
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Brent crude fell $1.37, or 3.2%, to settle at $40.93 a barrel after dropping to a low of $39.92. U.S. WTI down $1.50, or 3.7%, at $38.72 after sliding more than 6% to a session low of $37.61. Major news overnight that made headlines was that Trump had tweeted he and the First Lady …
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Continue reading “Fertilizer Financial Markets Commentary/Curves”
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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 …
