FIS API Blog
Capesize freight rates surged up on flurry of fixtures being done in physical market, especially in the Brazilian market. The Capesize 5 time charter average then rose by $1,818 day-on-day to $25,631 on Wednesday, due to bullish market sentiment. The Baltic Dry Index (BDI) then jumped by 4.04% or 67 points day-on-day to 1,725 readings …
Continue reading “Capesize rates jump on Brazilian fixing spree”
Brent crude futures climbed 2 cents to $42.32 a barrel, after falling 0.2% overnight. U.S. WTI crude futures eased 1 cent to $40.21 a barrel at 0532 GMT , after jumping 2.4% on Wednesday. The EIA figures on Wednesday afternoon produced a mixed response from market participants, with a 2 million barrel draw in …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 …
**Oil falls second day as rising virus cases spur demand worries** Rising coronavirus cases heading into the northern winter has many seeing a cause for concern with oil posting its second loss this week as infections see unprecedented rises that will most likely curd the rebound of demand for fuel and oil products. …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Capesize freight rates spotted slight gain on better shipping outlook on the Pacific market and demand for Brazilian iron ores. Thus, the Capesize 5 time charter average then gained by $80 day-on-day to $23,813 on Tuesday, due to bullish market sentiment. Then, the Baltic Dry Index (BDI) rose by 0.24% or 4 points day-on-day to …
Continue reading “Capesize rates inch up on better post-Golden week demand outlook”
Brent futures for November delivery fell $1.40, or 3.3%, to settle at $41.03 a barrel, while the more active Brent contract for December fell 3.1% to settle at $41.56. WTI crude fell $1.31, or 3.2%, to settle at $39.29 per barrel. A quiet Tuesday mimics the sentiment of Monday as we lead up to …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Capesize freight rates softened as trading activities slowed down ahead of Golden Week holidays. The Capesize 5 time charter average then dropped by $445 day-on-day to $23,733 on Monday, due to the market cooldown. Then, the Baltic Dry Index (BDI) dipped by 0.78% or 13 points day-on-day to 1,654 readings due to the correction of …
Continue reading “Capesize rates correct ahead of China’s holidays”
