Category archives: Products

Daily Capesize Review 25/6/21

Capesize freight rates rebounded again in the volatile market, due to better market optimism over the Q3 period. The Capesize 5 time charter average, then hiked up by $1,051 day-on-day to $33,069 on Monday, with some improvement seen in the physical market. The Baltic Dry Index (BDI) then spotted a gain of 2.52% day-on-day, up …

Continue reading “Daily Capesize Review 25/6/21”

Ferrous trade weekly review 25/6/21

A total of 0.87 million mt of iron ores was traded for the week ended Jun 25, amid the typical lull steel demand period. However, there was some upticks in steel prices late in the week, as it was heard that some mills had voluntarily reduced their sintering and blast furnace operations ahead of the …

Continue reading “Ferrous trade weekly review 25/6/21”

Daily DCE Review 25/6/21

Iron ore futures closed the week on gains, despite market concerns about growing steel stockpiles and easing of supply tightness for iron ore. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up by 1.24% day-on-day or up RMB 14.50 to RMB 1,185/mt on Friday. The steel rebar contract on the Shanghai …

Continue reading “Daily DCE Review 25/6/21”