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Category archives: News
Capesize & Panamax FFA Daily Report
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London Coking Coal Report 14/12/20
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Oil Through the Looking Glass 14/12/20
*Singapore Bunker Demand Heads Back Towards 50 Million MT/Year Bunker demand in Singapore may jump to 50 million metric tons for the first time in three years after a 4.6% jump in sales in November from a year earlier and 2.8% increase from October’s figures. Prices for the VLSFO roofed as companies were looking to …
Daily Agri – Freight Report 14/12/20
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DCE starts the week on slower pace
Iron ore futures closed lower at the start of the week, after a high opening but only to slid at the afternoon trading session later. The most-traded iron on China’s Dalian Commodity Exchange (DCE) then dropped by 3.21% day-on-day or RMB 32 to 966/mt on Monday, dipping after record-high rally last week. The steel rebar …
Fertilizer Financial Markets Report 11/12/20
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Steel & Scrap Morning Report 14/12/20
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Capesize rates recover despite mixed market sentiments
Capesize freight rates hiked up on better market sentiments as shipping demand improved toward year-end with support of the strong bunker prices. The Capesize 5 time charter average then went up by $938 day-on-day to $11,889 on Friday, albeit with considerably less activity on the FFAs. The Baltic Dry Index (BDI) also moved upward by …
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Morning Oil Report 14/12/20
Brent crude futures for February rose 38 cents, or 0.8%, to $50.35 a barrel by 0454 GMT before ticking up by over 50 cents to $50.61 to 0741, while U.S. West Texas Intermediate crude futures for January were up 32 cents, or 0.7%, at $46.89 a barrel. Iran and its ministers are looking to …