Monthly archives: December 2020

Oil and Ore Intraday Morning Technical 4/12/20

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

DCE still gunning for the RMB 1,000/mt mark

Iron ore futures started the week on bullish note and seemed to break the RMB 1,000/mt mark by the end of week on this market momentum. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose further by 1.57% or RMB 15 day-on-day to RMB 967.50/mt on Monday. Then, the …

Continue reading “DCE still gunning for the RMB 1,000/mt mark”

Capesize rates rebound on better Pacific market

Capesize freight rates rebounded from losses, on firmer rates from the Pacific, though the Atlantic rates were still struggling on thin cargo list. The Capesize 5 time charter average then went up by $332 day-on-day to $12,606 on Friday, amid the mixed market. The Baltic Dry Index (BDI) also hiked up slightly by 0.67% or …

Continue reading “Capesize rates rebound on better Pacific market”

Morning Oil Report 7/12/20

Brent crude oil futures were down 20 cents, or 0.4%, at $49.05 a barrel by 0401 GMT, while West Texas Intermediate oil futures fell 20 cents, or 0.4%, to $46.06 a barrel. Both benchmarks gained for a fifth consecutive week last week. Oil seems to have stalled this morning as fresh lockdowns in the world’s largest …

Continue reading “Morning Oil Report 7/12/20”