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Category archives: News
DCE rallies on high steel prices
Iron ore futures rose on higher steel prices, back by better demand and new round of sintering cut in Tangshan. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose by 3.61% or RMB 28.50 day-on-day to RMB 817.50 /mt on Monday. Following the rally, the steel rebar contract on the …
Capesize rates bounce from the low on better fixtures
Capesize freight rates rebounded from previous session losses, due to handful of fixtures done on firmer rates. The Capesize 5 time charter average inched up by RMB 244 day-on-day to $14,421 on Friday, as market confidence returned after a flurry of fixtures. The Baltic Dry Index (BDI) then moved up slightly by 0.17% or 2 …
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Base Morning Intraday Note
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European close
Well the DCE iron ore futures woke up today and decided that if the rest of the world had already concluded the election result and caught a bid, it would follow. The foundation was laid yesterday with the offshore December futures leading the way and making a higher high in the market on the intraday …
Fuel Oil Daily Evening Report
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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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Urea Market Q4 Outlook
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