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Category archives: News
Supply tightness push iron ore prices to further height
A total of 2.035 million mt of iron ore was exchanged hands for the week ended Aug 21, with Australian fines accounting most of the trades. Australia’s Mac fines garnered most of the market share at 18.67%, followed by Jimblebar fines at 17.69%, while the Brazil’s Carajas fines coming in third at 14.50%. During the …
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DCE corrects upon cautious trading
Iron ore futures closed lower by the end of the week, as more buyers became cautious after iron ore prices reached a record-high level earlier in the week. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange dropped by 1.29% or RMB 11 day-on-day to RMB 841.50 per tonne on …
Ship Shape – A Sleeping Bull in a China Shop
Sleepy Joe may have confirmed Kamala Harris as his running mate for the US Presidency, but there is another sleepy factor lurking in the background, ready to bring either fireworks or a quiet slide into obscurity towards the end of this year. The world has endured a period of huge upheaval. From the virus outbreak …
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Morning Oil Report 21/8/20
Good morning all. Brent futures were up 17 cents, or 0.4%, at $45.07 per barrel at 5:05 am GMT, while WTI futures rose 13 cents, or 0.3%, to $42.95 per barrel. US initial jobless claims for the week ended Aug. 15 was reported at 1.11 million, higher than analysts’ expectations of a 925,000 gain …
Capesize rates slide on selling pressure amid Vale’s fixing spree
Capesize freight rates continued to slide despite a flurry of fixtures done by Brazilian miner over a short span of days. The Capesize 5 time charter average went down by $898 day-on-day to $18,570 on Thursday, despite bullish sentiment over the Brazil to China route. The Baltic Dry Index (BDI) then dropped by 3.19 % …
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London Iron Ore Market 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 (FL): +1 813 490 6630
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 (FL): +1 813 490 6630
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 (FL): +1 813 490 6630
Oil Evening Report 20/8/20
Click below link for the Evening Oil Report For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568