FIS Castaway Podcast – Episode 50 13/04/21

FIS Castaway Podcast – Episode 50 In our 50th episode, we look at the market movements in the year since we started, as well as updates on dry freight, iron ore, tanker and oil markets, plus info on the transition to Panamax 5TC contracts. Listen Below: Website https://freightinvestorservices.com/blog/31469/   Spotify https://open.spotify.com/episode/4MOJ5pYtCjz6tSP33h0Tkt?si=BlB5wvfWQpCBB06cHjCZ_g   iTunes https://podcasts.apple.com/gb/podcast/episode-50/id1507094242?i=1000516940096 Disclaimer: This podcast …

Daily DCE Review 13/4/21

Iron ore futures continued to rally on lower import volumes from Australian and Brazilian miners, amid high steel demand in China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then rose by 3.28% day-on-day or up RMB 32.50 to RMB 1,022/mt on Tuesday. The steel rebar contract on the …

Daily Capesize Review 12/4/21

Capesize freight rates rose on bullish market outlook, with firm physical market supported by slight uptick in bunker prices. The Capesize 5 time charter average then rose by $2,065 day-on-day to $25,976 on Monday, as traders hurried to short cover at the start of the week. The Baltic Dry Index (BDI) also hiked up on …