Category archives: News

Daily DCE Review 17/3/21

Iron ore futures closed the day on slight gains, supported by high steel prices, despite a choppy session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then went up slightly by 0.61% day-on-day or up RMB 6.50 to RMB 1,068/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange, …

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Daily Capesize Review 16/3/21

Capesize freight rates continued to improve on better shipping demand, with marginal gains recorded in both basins. The Capesize 5 time charter average then hiked up by $220 day-on-day to $17,274 on Tuesday, with good volume being changed hand in a choppy session. The Baltic Dry Index (BDI) went up higher by 1.71% or 34 …

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