Category archives: Products

Daily Capesize Review 16/2/21

Capesize freight rates rallied on stronger bunker prices and led by stronger Panamax segment that improved market sentiment. The Capesize 5 time charter average then rose sharpy by $1,857 day-on-day to $12,314 on Tuesday, due to bullish market sentiment on post-holiday demand. The Baltic Dry Index (BDI) also hiked up on better freight rates from …

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Oil Through the Looking Glass 16/2/21

Oil ‘Supercycle’ Predictions Divide Veteran Traders The two biggest Wall Street banks have now come out and said that commodities are in a ‘supercycle’ with rates in oil potentially reaching up to $100 per barrel as the pandemic begins to come under control in many nations across the globe. The levels would be the highest …

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