Monthly archives: May 2022

Daily DCE Review 20/05/22

Iron ore futures ended the week on high note, despite market sentiment on softer steel demand amid thin steel margins. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then hiked by 5.13% day-on-day or up RMB 42.50 to RMB 842.50/mt, during the day trading session on Friday. The rebar …

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Daily Capesize Review 19/5/22

Capesize freight rates rose further on better shipping demand with higher rates seen in the Atlantic market, due to thin ballaster list. The Capesize 5 time charter average, then rose by $1,837 day-on-day to $36,368 on Thursday, despite some slight correction in the trading session. The Baltic Dry Index (BDI) then rose by $100 day-on-day, …

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