Category archives: Freight
Supramax & Handysize FFA Daily Report
Capesize rates slow down amid Chinese holidays
Capesize rates moved slower but gradually toward the $30,000 mark, due to the absence of Chinese trade participants during the Dragon Boat Festival holidays. Therefore, the Capesize 5 time charter average rose by $738 day-on-day to $29,395 on Thursday, despite some market concerns about the longevity of the C3 contracts. Strengthened by Capesize market, the …
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Capesize July 20 Morning Technical Comment – 240 Min
Did Someone Mention Increasing Demand?
It is the panacea for all markets, the biggest factor that could help us recover some sense of normality, the only thing that will bring a smile to suppliers across the world. It is, of course, increasing demand. The virus has caused huge disruption and left markets unable to react quickly enough to counteract …
Panamax July 20 Morning Technical Comment – 240 Min
Supramax July 20 Morning Technical Comment – 240 Min
Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
Oil Through The Looking Glass
*Crude Back in Trouble* Oil prices have continued their movements downwards as the markets digests the news of another US stocks build reported yesterday afternoon, as well as a resurgent virus in the United States. New infections are at new daily records in Florida, Texas and California. According to the EIA U.S. crude inventories rose …