HMS 80:20 Scrap Turkish Deepsea import scrap prices continue to firm Sell side continues push for $300/m Weak dollar maintains upside pressure Deepsea Turkish import scrap prices were heard to be higher Sept. 1, as ex-Benelux and ex-Baltic cargoes were heard to be booked over the week ending Aug. 28, sources said. S&P …
Author archives: Edward Hutton
Castaway Podcast Episode 23 Available Now
How are the markets pricing the US election? What’s in store for capesize freight? And why is iron ore still so high? Answer all these questions and more with a listen of this week’s Castaway – now with 50% fewer puns. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-23-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3SpQJknSkltYrKcOsipe4w And Itunes …
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Tanker News Update 2/9/20
*VLCC Hopes Dwindle* Looking at the paper TD3C, last week, saw a market that started badly, weakening as each day progressed. The lengthening of the list combined with no real enquiry or demand saw rates continue to slide with no apparent immediate solution. Spot has slipped below WS30 for the first time in around …
Freight Intraday Morning Technical
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Daily Agri – Freight Report
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Oil Through The Looking Glass 02.09.20
*Power Demand Pushes UAE August Oil Output Above OPEC+ Quota* Stay at home vacations have been the reason for why the UAE have exceeded their OPEC+ quota as there has been a greater demand for gas in power generation. The rate is around 2.693 million bpd, which is 100,000 above the quoted level for August …
Steel & Scrap Morning Report
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Fertilizer Financial Markets Commentary/Curves
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Morning Oil Report 2/9/20
Good morning all. WTI futures rose 34 cents to $43.10 as of 3:10 am GMT, while Brent futures rose 37 cents to $45.95 a barrel. Better-than-expected US manufacturing data also came a day after a private gauge of Chinese manufacturing activity. The headline ISM manufacturing index rose to 56.0, reflecting continued expansion for the US …
FIS LONDON COKING COAL MARKET REPORT
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