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Category archives: News
DCE rises on supply tightness and high restocking demand
Iron ore futures continued its upward momentum since the start of the week, due to market optimism over steel and restocking demand. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) then rose to 4% on-day or RMB 40 to RMB 1,039/mt on Tuesday. The steel rebar contract on the Shanghai Futures …
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Steel & Scrap Morning Report 5/1/21
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Base Morning Intraday Note 5/1/21
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Capesize rates rise on new year market optimism
Capesize freight rates rose on bullish market sentiment, as market participants expected more shipping demand for the new year. The Capesize 5 time charter average then went up slightly by $23 day-on-day to $16,656 on Monday, after the Jan contract traded high up to the $14,800 level. The Baltic Dry Index (BDI) also moved upward …
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Morning Oil Report 5/1/21
Brent crude futures for March fell 12 cents, or 0.2%, to $50.97 a barrel by 0437 GMT, while U.S. West Texas Intermediate crude for February was at $47.56 a barrel, down 6 cents, or 0.1. US Stock fell by nearly 2% on Monday as Oil hit Multi-month highs before falling off as the OPEC+ …
Fertilizer Financial Markets Commentary/Curves
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Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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Fuel Oil Daily Evening Report
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