China Demand Creates a Soybean Breakout

Soft commodities, particularly grains, and beans, have seen strong moves in the last 2 weeks on the back of China’s purchasing of U.S agricultural Crops.   Typhoons Maysak has brought flooding to parts of China’s North East, their top producing corn and soybean region. This has prompted speculative traders to bet on China continuing to …

Supramax & Handysize FFA Daily Report

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Capesize & Panamax FFA Daily Report

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FIS LONDON COKING COAL MARKET REPORT

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Medium grade fines come back to the fold

A total of 1.885 million mt of iron ore was exchanged hands for the week ended Sep 4, an increase of 52.37% as compared to the 1.237 million mt recorded last week. Medium grade fines like Pilbara Blend fines (PBF) accounted over half of the transacted trades for this week at 57%, as compared to …

Daily Agri – Freight Report 4/9/20

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Capesize rates fall on thin demand base

Capesize freight rates continued to tumble down in the oversupplied market, while both basins posted lower fixtures throughout the week. The Capesize 5 time charter average then dropped by $890 day-on-day to $16,748 on Thursday, due to long liquidation in the market. The Baltic Dry Index (BDI) then dropped further by 3.46% or 50 points …

Iron Ore Offshore Oct 20 Morning Technical Comment – 240 Min Chart (rolling contract)

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