Monthly archives: March 2022

Daily Capesize Review 15/3/22

Capesize freight rates extended bullish run, due to support of tighter tonnage with healthy demand from the Pacific market. The Capesize 5 time charter average, then jumped by $312 day-on-day to $23,413 on Tuesday, despite some selloff in the market. The Baltic Dry Index (BDI) however decreased slightly by $38 day-on-day, or down 1.39% day-on-day, …

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Daily DCE Review 16/03/22

Iron ore futures rebounded from previous losses, despite market concerns over rising covid cases that resulted in lockdown measures. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 5.17% day-on-day or up RMB 39.50 to RMB 804/mt, during the day trading session on Wednesday. The rebar futures also increased by 3.22% or …

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