Category archives: Products

Globally bullish or a bullish bubble?

It started in China. Base metals, equities and now iron ore have caught the bull market bug that started five days ago on the Shanghai Composite Index. The index was up nearly 6% from the close on Friday, capping five days of gains that has seen a 12.5% increase in the last five sessions. Optimism …

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Capesize’s bull run continues, driven by tight tonnage and weather delays

Capesize market continued its bullish run with rates hovering above the $30,000 level in view of the tight tonnage supply in both basins. Thus, the Capesize 5 time charter average rose by $1,305 day-on-day to $32,682 on Friday, while the Baltic Dry Index (BDI) reached new high at 1,894 points, up 3.89% day-on-day. Crewing issue …

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