Category archives: Products

Daily DCE Review 02/03/22

Iron ore futures continued to rise on better market sentiment on recovering steel demand and Chinese economic activities. The futures of Dalian Commodity Exchange (DCE) for May delivery then rose by 4.64% day-on-day or up RMB 33.50 to RMB 755/mt, during the day trading session on Wednesday. The rebar futures also rose by 1.76% or …

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Steel & Scrap Close 01/03/22

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Daily Capesize Review 1/3/22

Capesize freight rates improved, being driven by bunkers and the T/Cs amid market uncertainty over the Russia-Ukraine conflict and its impact on the market. The Capesize 5 time charter average, then rose by $605 day-on-day to $14,019 on Tuesday, after a cautiously bullish market. The Baltic Dry Index (BDI) also increased by $29 day-on-day, or …

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