Daily Capesize Review 20/12/21

Capesize freight rates rebounded from recent weakness and after a series of corrections, during the last trading weeks for the year. The Capesize 5 time charter average, then jumped up by $670 day-on-day to $23,283 on Monday, as the market bottomed out from recent slump. The Baltic Dry Index (BDI) however, dipped slightly by $8, …

Daily DCE Review 20/12/21

Iron ore futures dipped at the close, despite a promising start at the morning session but only to succumbed to loss at later noon session. The futures of Dalian Commodity Exchange (DCE) for January delivery then slumped by 1.32% day-on-day or down RMB 9 to RMB 673.50/mt, during the day trading session on Monday. The …