Category archives: News

FIS CASTAWAY – EPISODE 37

FIS Castaway Podcast – Episode 37 – Christmas Special   Whether you’ve been Naughty or Nice, tune in to our special episode ‘The 12 Commodities of Christmas’ to hear the team break down the year’s price action and trends across all our products, along with the usual news and comment.   Listen Below:   Website …

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Morning Oil Report 16/12/20

Brent crude futures fell 11 cents, or 0.2%, to $50.65 a barrel at 0421 GMT before softening further to $50.48 at 0730GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 9 cents, or 0.2%, to $47.53 a barrel.   Crude inventories swelled by 2 million barrels in the week to Dec. 11 to about …

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DCE rallies on with record-breaking run

Iron ore futures broke the $1,000/mt mark, after a late rally in the afternoon session that pushed up rates at the close. Thus, the most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) rose by 2.96% day-on-day or RMB 29 to RMB 1,008/mt on Wednesday. The steel rebar contract on the Shanghai Futures …

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Capesize rates rallies on better Atlantic market

Capesize freight rates continued to rise on improving shipping demand, especially in the Atlantic market. The Capesize 5 time charter average then went up by $846 day-on-day to $13,128 on Tuesday, despite softening freight rates in the Pacific. The Baltic Dry Index (BDI) also maintained its upward climb and went up by 3.08% or 38 …

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Oil and Ore Intraday Morning Technical 16/12/20

Please click below to view the report       For more information please contact     FIS   info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630