Iron ore futures fell on Tuesday due to market concerns over narrowing steel margins and high raw material costs. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange dropped by 1.48% day-on-day to RMB 827.50 per tonne on Tuesday. Likewise, the steel rebar contract on the Shanghai Futures Exchange fell …
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Capesize rates gain on better raw materials’ demand
Capesize freight rates continued its upward movement due to better physical market with healthy demand in the Pacific market. The Capesize 5 time charter average then rose $489 day-on-day to $15,737 on Monday, due to the pickup in the physical market. The Baltic Dry Index (BDI) also gained from the active physical market and hiked …
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Steel & Scrap Morning Report 15/9/20
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CAPE v PMX Q1 21 Below 5 Year Average
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Fertilizer Financial Markets Report 15/9/20
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Morning Oil Report 15/9/20
Good morning all. Brent futures were down 5 cents or 0.1% this morning, to $39.56 per barrel whereas the US benchmark, WTI was printing 3 cents lower or 0.1% to $37.23. Both these benchmarks are set to remain around the $35 to $40 per barrel until heating oil demand picks up in the US, as …
Supramax & Handysize FFA Daily Report 14/9/20
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Capesize & Panamax FFA Daily Report 14/9/20
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FIS London Coking Coal Report 14/9/20
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Fuel Oil Daily Evening Report 14/9/20
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