FIS API Blog
Capesize freight rates continued to decline, after Vale reduced its annual guidance for 2021, stroking market concerns over lesser iron ore shipment. Thus, the Capesize 5 time charter average went down slightly by $10 day-on-day to $12,322 on Wednesday, due to bearish market sentiment. The Baltic Dry Index (BDI) then also dropped slightly by 0.83% or 10 points …
Continue reading “Capesize rates fall on lesser Brazilian shipment”
FIS Castaway Podcast – Episode 35 – Brazil Special This week is our Brazil special. Tom, Alex, Chris, and Kerry are joined by Roberto Doring, Deputy Head of Mission to the UK, to discuss the past, present and future of Brazil’s presence in the commodity complex. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-35-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/4tHwZmfrNNzCwNZrv3SfwD?si=1O5CwKTPQm-qVr_kj2Sbbw …
Brent crude oil futures were down by 41 cents, or 0.9%, at $47.01 a barrel by 0358 GMT, while West Texas Intermediate crude was down by 46 cents, or 1%, at $44.09. The oil markets have been left in limbo as the OPEC meetings have been rescheduled until Thursday as major leaders were still …
Capesize freight rates continued to dip, due to slow shipping demand in both basins. The Capesize 5 time charter average went down by $289 day-on-day to $12,332 on Tuesday, amid the muted market. The Baltic Dry Index (BDI) then dropped by 1.30% or 16 points to 1,211 readings, due to weaker freight rates rates. A better Atlantic …
Continue reading “Capesize rates dip on slow shipping demand”
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 6630
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 6630
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 6630
Brent crude was down 26 cents, or 0.5% at $47.62 a barrel by 0550 GMT, after dropping more than 1% on Monday. West Texas Intermediate was down by 23 cents, or 0.5% at $45.11 a barrel, having dropped 0.4% in the previous session. Brent crude picked up 70 cents from 0800GMT this morning after a …
Capesize freight rates reversed into drop on thin shipping activities, amid some improvement in the physical market. The Capesize 5 time charter average went down slightly by $91 day-on-day to $12,621 on Monday, after a slow start to the week. The Baltic Dry Index (BDI) then dropped by 0.24% or 3 points to 1,227 readings, due to weaker …
Indecision is creeping into the DCE iron ore futures. A Doji star followed by a spinning top is warning that upside moves could fail to hold at these levels. The intraday futures produced a negative divergence on the close of the 31st, resulting in the evening session trading 13 RMB lower. Rebar futures remain corrective; …
