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Category archives: News
Steel & Scrap Morning Report 17/12/20
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DCE stays above $1,000/mt on good restocking activities
Iron ore futures continued to hover above the $1,000/mt mark, following a rally in the afternoon session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) went up further by 2.60% day-on-day or RMB 26 to RMB 1,026.50/mt on Thursday. The steel rebar contract on the Shanghai Futures Exchange, followed the rally …
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Capesize rates rise despite mixed market outlook
Capesize freight rates hiked up, despite mixed market outlook with an improving Atlantic market, while limited shipping activities were observed in the Pacific. The Capesize 5 time charter average then went up by $698 day-on-day to $13,826 on Wednesday, as the physical continued to show further gains, though it was expected to slow toward year-end …
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Morning Oil Report 17/12/20
Brent crude futures rose 45 cents, or 0.9%, to $51.53 a barrel at 0436 GMT. Oil then pushed to 9-month highs reaching $51.83 at 0720GMT, while U.S. West Texas Intermediate (WTI) crude futures rose by 46 cents, or nearly 1%, to $48.28 a barrel. Both benchmarks hit their highest since early March. US crude …
Base Morning Intraday Note 17/12/20
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European Close 16/12/20
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Fuel Oil Daily Evening Report 16/12/20
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London Iron Ore Market Report
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Supramax & Handysize FFA Daily Report
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