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Category archives: News
Daily Agri – Freight Report
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DCE inches up on cooling market activities
Iron ore futures posted slight gain on Monday, despite the cooldown of restocking activities ahead of the Golden week holidays. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange then rose slightly by 0.92% day-on-day to RMB 770 per tonne on Monday. The steel rebar contract on the Shanghai Futures Exchange …
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Fertilizer Financial Markets Commentary/Curves
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Steel & Scrap Morning Report
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Capesize rates hike up amid markets’ profit-taking
Capesize freight rates paused for a breather from the bullish run as market participants proceeded with profit takings. Thus, the Capesize 5 time charter average surged by $1,337 day-on-day to $24,178 on Friday, amid the market cooldown. Then, the Baltic Dry Index (BDI) jumped by 3.86% or 62 points day-on-day to 1,667 readings on good …
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Freight Intraday Morning Technical
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Morning Oil Report
Brent crude fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT after dropping 2.9% last week. WTI on the other hand was at $40.04 a barrel, down 21 cents or 0.5%, following a 2.1% decline last week. The previous week did not set the world alight as gains in crude prices …
Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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