Category archives: News

Oil and Ore Intraday Morning Technical 3/9/20

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Capesize rates lower on thin shipping activities

Capesize freight rates continued its correction phrases on thin market activities, especially among ship-operators. Thus, the Capesize 5 time charter average went down by $406 day-on-day to $17,638 on Wednesday, following a selloff that reduced spot premium. The Baltic Dry Index (BDI) then fell by 1.77% or 26 points day-on-day to 1,445 readings from weaker …

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Freight Intraday Morning Technical 3/9/20

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Steel & Scrap Morning Report 3/9/20

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DCE inches up amid stable mills’ stocks

Iron ore futures continued to rise throughout the week on good steel demand from China amid peak construction season. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose slightly by 0.88% or RMB 7.50 day-on-day to RMB 857.50 per tonne on Thursday. Likewise, the steel rebar contract on the Shanghai …

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Oil Through the Looking Glass 3/9/20

*Los Angeles Bunkers Volumes Fall for Fifth Straight Month in May* Deliveries of marine fuel into the west coast ports of Los Angeles and Long beach fell for the fifth consecutive month according to the port of Los Angeles in the S&P report. May volumes have printed at 1,210,370 down 12% on the month and …

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Fertilizer Financial Markets Report 3/9/20

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London Iron Ore Market Report 2/9/20

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Supramax & Handysize FFA Daily Report 2/9/20

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