Capesize rates gain on better raw materials’ demand

Capesize freight rates continued its upward movement due to better physical market with healthy demand in the Pacific market. The Capesize 5 time charter average then rose $489 day-on-day to $15,737 on Monday, due to the pickup in the physical market. The Baltic Dry Index (BDI) also gained from the active physical market and hiked …

Steel & Scrap Morning Report 15/9/20

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CAPE v PMX Q1 21 Below 5 Year Average

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Fertilizer Financial Markets Report 15/9/20

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Supramax & Handysize FFA Daily Report 14/9/20

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Capesize & Panamax FFA Daily Report 14/9/20

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FIS London Coking Coal Report 14/9/20

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Fuel Oil Daily Evening Report 14/9/20

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Oil Through the Looking Glass 14/9/20

*UAE’s Breach of OPEC Output Pact Shakes Oil Traders’ Faith* Just as OPEC+ seemed to have output quotas under control, the UAE has admitted to oversupplying in both July and August amidst uncertain pricing level for the crude benchmarks. This has traders wary of what the rest of the year will bring according to Bloomberg …