Category archives: News

Oil Through the Looking Glass 10/9/20

*Brent Oil Benchmark Dips but Stays Over $40/bbl* Oil prices dipped slightly off the back of rising stocks and falling demand as reported by the EIA, yet Brent maintained its $40 per barrel mark. The US stockpiles rose by 3 million barrels according to the American Petroleum institute (API) as the EIA reduced demand outlook …

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Capesize rates under pressure from supply glut

Capesize freight rates moved on a downward trend due to an oversupplied market amid thin shipping demand. The Capesize 5 time charter average then slumped by $410 day-on-day to $15,482 on Wednesday, due to thin physical fixtures. Likewise, the Baltic Dry Index (BDI) also dropped further by 2.41% or 32 points day-on-day to 1,296 readings. …

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DCE falls further on weak steel prices

Iron ore futures continued to slide under selling pressures due to mixed market outlook over steel demand. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange plunged by 2.26% day-on-day to RMB 822 per tonne on Thursday. The steel rebar contract on the Shanghai Futures Exchange also faced correction and went …

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Oil and Ore Intraday Morning Technical

Please click below to view the report     For more information please contact           FIS       info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …

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Fertilizer Financial Markets Commentary/Curves

Please click below to view the report     For more information please contact           FIS       info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …

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Morning Oil Report 10/9/20

Good morning all. Brent futures dropped 17 cents or 0.42% overnight to $40.62 after regaining 2.5% throughout Wednesday. WTI had similar losses of 24 cents or 0.63% at 0417GMT.   The oil market is under pressure from rising supply and suppressed demand with the EIA inventory data due on Thursday, a day later than usual …

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Capesize & Panamax FFA Daily Report

Please click below to view the report   For more information please contact           FIS       info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 …

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Supramax & Handysize FFA Daily Report

Please click below to view the report     For more information please contact           FIS       info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …

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