Monthly archives: December 2021

Daily DCE Review 14/12/21

Iron ore futures inched down into losses as market optimism waned over slow steel demand in the physical market. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched down by 0.61% day-on-day or down RMB 4 to RMB 650.50/mt, during the day trading session on Tuesday. The rebar futures, however, went up …

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Morning Oil Report 14/12/2021

At 9:56 am Singapore time (0156 GMT), the ICE February Brent futures contract was down 18 cents/b (0.24%) from the previous close to $74.21/b, while the NYMEX January light sweet crude contract fell 14 cents/b (0.2%) at $71.15/b. Oil markets saw choppy trading during the Dec. 13 session, as risk-on sentiment earlier in the day …

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Daily Capesize Review 13/12/21

Capesize freight rates softened with holidays season approaching, as market activities slowed down amid thin cargo list. The Capesize 5 time charter average, then decreased by $908 day-on-day to $39,127 on Monday, as holiday moods persisted in the paper market. The Baltic Dry Index (BDI) also dropped by $56, down 1.71% day-on-day, to $3,216, due …

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