FIS Castaway Podcast – Episode 49 07/04/21

    FIS Castaway Podcast – Episode 49   Post Easter trading regrets? Don’t worry, get an update on what’s happening in the Freight, Iron Ore and Oil markets on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-49/   Spotify https://open.spotify.com/episode/2SootYMgBfXagWDL5Um0YJ?si=t1roN1z_RmWdlq_LVdx4kA   iTunes https://podcasts.apple.com/gb/podcast/episode-49/id1507094242?i=1000516140468       Disclaimer: This podcast is a marketing communication and is …

Daily DCE Review 7/4/21

Iron ore futures rebounded after a selloff in the morning session, rallying in the afternoon session toward the close. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), then hiked up by 1.69% day-on-day or up RMB 16.50 to RMB 993.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange, however …

Daily Capesize Review 6/4/21

Capesize freight rates continued to rise with the return of trade participants from holidays and on firmer shipping fundamentals. The Capesize 5 time charter average then increased by $1,109 day-on-day to $20,962 on Tuesday, after a buying spree in the trading session. The Baltic Dry Index (BDI) also hiked up slightly by 0.97% or 20 …

FIS Fuel Oil Morning Report 07/04/21

Brent crude futures for June rose by 34 cents, or 0.5%, to $63.08 a barrel by 0123 GMT before softening by 0730 to $62.78 while U.S. West Texas Intermediate crude for May was up 32 cents, or 0.5%, to $59.65.   API Crude -2.618M Cushing -0.840M Gasoline +4.553M Distillate +2.810M   Following the release of …