Daily Capesize Review 19/10/21

Capesize freight rates dipped on persisted weakness, though there was some steady shipping demand in physical market. The Capesize 5 time charter average, then fell by $1,071 day-on-day to $59,955 on Tuesday, following a series of corrections. The Baltic Dry Index (BDI) extended losses and dropped slightly by $18, down 0.38% day-on-day, to $4,714, due …

FIS Morning Report Tanker FFA 20 -10-21

News Headlines: OIL DAYBOOK EUROPE: China Set for Pick-Up in Buying; EIA Data (Bloomberg) China’s independent refiners, known as teapots, are set for crude-buying splurge as they seek to use import quotas before they expire. * OIL FUTURES: Oil Slips From High as Report Shows Stockpiles Up China’s Crude Imports From Oman, Malaysia Climb; Russia …

Capesize Technical Report (Are Resistance Levels About To Be Tested?)

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