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Category archives: News
DCE rallies on restocking demand amid market uncertainty
Iron ore futures rallied on robust restocking demand, regardless of market concerns over rising coronavirus cases and harsh winter conditions that disrupted logistics. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) then rose by 2.96% on-day or RMB 30.50 to RMB 1,061.50/mt on Thursday. The steel rebar contract on the Shanghai …
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Base Morning Intraday Note 7/1/21
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Morning Oil Report 7/1/21
Brent crude was up 40 cents, or 0.7%, at $54.70 a barrel by 0512 GMT before pushing up to highs of $54.85 at 0700GMT, after gaining 1.3% overnight. U.S. West Texas Intermediate (WTI) gained 43 cents, or 0.9% to $51.06. The contract rose 1.4% on Wednesday. EIA week ending 1/1 Crude oil: -8.0M Gasoline: …
Fertilizer Financial Markets Report 6/1/21
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Capesize rates drop on low cargo list
Capesize freight rates dipped on mixed market sentiments, due to lower cargoes list in the physical market. The Capesize 5 time charter average then went down slightly by $98 day-on-day to $17,310 on Wednesday, from a subdued trading market. The Baltic Dry Index (BDI), however rose slightly by 0.49 % or 7 points to 1,425 …
Fuel Oil Daily Evening Report
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London Iron Ore Market Report 6/1/21
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Supramax & Handysize FFA Daily Report 6/1/21
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Capesize & Panamax FFA Daily Report 6/1/21
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