Monthly archives: February 2022

Daily DCE Review 15/2/22

Iron ore futures slumped for the second consecutive day as Chinese market regulators toughened their measures on price information. The futures of Dalian Commodity Exchange (DCE) for May delivery then slumped by 9.98% day-on-day or down RMB 77.50 to RMB 699/mt, during the day trading session on Tuesday. The rebar futures also went down by …

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Daily Capesize Review 14/2/22

Capesize freight rates extended losses amid market uncertainty with moderate shipping demand and high bunker prices. The Capesize 5 time charter average, then fell by $509 day-on-day to $14,888 on Monday, due to the lack of fresh shipping demand. The Baltic Dry Index (BDI) however, rose by $7 day-on-day, up 0.35% day-on-day, to $1,984, due …

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