Daily DCE Review 5/7/21

Iron ore futures hiked up at the start of the week, as steel production resumed after centennial celebration of political party in early July. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 5.51% day-on-day or up RMB 64 to RMB 1,225/mt at the close of day trading session on Monday. …

Daily Capesize Review 2/7/21

Capesize freight rates continued to dip after a market pullback from limited activities in the physical market. The Capesize 5 time charter average, then nosedived down by $1,494 day-on-day to $29,106 on Friday, after a choppy market. The Baltic Dry Index (BDI) also fell by 1.59% day-on-day, down 53 points to 3,285 readings, following the …