Capesize & Panamax FFA Daily Report

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FIS LONDON COKING COAL MARKET REPORT

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Medium grade fines come back to the fold

A total of 1.885 million mt of iron ore was exchanged hands for the week ended Sep 4, an increase of 52.37% as compared to the 1.237 million mt recorded last week. Medium grade fines like Pilbara Blend fines (PBF) accounted over half of the transacted trades for this week at 57%, as compared to …

Daily Agri – Freight Report 4/9/20

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Capesize rates fall on thin demand base

Capesize freight rates continued to tumble down in the oversupplied market, while both basins posted lower fixtures throughout the week. The Capesize 5 time charter average then dropped by $890 day-on-day to $16,748 on Thursday, due to long liquidation in the market. The Baltic Dry Index (BDI) then dropped further by 3.46% or 50 points …

Iron Ore Offshore Oct 20 Morning Technical Comment – 240 Min Chart (rolling contract)

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Steel & Scrap Morning Report 4/9/20

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DCE pullbacks amid steel demand recovery

Iron ore futures closed on negative region on Friday, after much rally throughout the week. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange suffered a pullback, dipping 1.45% or RMB 12.50 day-on-day to RMB 850 per tonne on Friday. Similarly, the steel rebar contract on the Shanghai Futures Exchange faced …

Oil Through the Looking Glass 4.9.20

*0.5% Fuel: Ample Supply Weighs on Global Marine Fuel Markets in September* Supply seems to be the biggest demon of fuel prices as depressed demand from the weak retail sector continues into September, with refiners still confronted with weak refining margins on the low sulfur fuel oil report S&P global Platts. Inventories in Asia are …