Monthly archives: May 2022

Daily Capesize Review 25/05/22

Capesize freight rates fell across both the Pacific and Atlantic basin, despite some healthy fixtures done along the week. The Capesize 5 time charter average, then dropped by $2,495 day-on-day to $33,069 on Wednesday, following the selloff in the trading session. The Baltic Dry Index (BDI) then dipped by $126 day-on-day, or down 3.87% day-on-day …

Continue reading “Daily Capesize Review 25/05/22”

Daily DCE Review 26/05/22

Iron ore futures reversed into losses from previous day rally, despite a late recovery in the afternoon session. The futures of Dalian Commodity Exchange (DCE) for the most-traded September iron ore contract then dipped slightly by 0.77% day-on-day or down RMB 6.50 to RMB 834/mt, during the day trading session on Thursday. The rebar futures …

Continue reading “Daily DCE Review 26/05/22”