Brent Dec 20 Morning Technical Comment – 240 Min

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Freight Intraday Morning Technical 5/10/20

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Freight Intraday Morning Technical

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Capesize rates surge on robust physical market

Capesize freight rates jumped on strong physical market with huge gains for October contracts due to better shipping outlook. The Capesize 5 time charter average then hiked up by $3,701 day-on-day to $29,332 on Thursday, due to decent demand in both Atlantic and Pacific basins. The Baltic Dry Index (BDI) also rose by 8.35% or …

FIS LONDON COKING COAL MARKET REPORT

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Capesize & Panamax FFA Daily Report

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Oil Through the Looking Glass 01.10.2020

India’s Gasoline Sales Jump to Pre-Covid Levels in September, Diesel Improves Indian refiners reported sales have risen to pre-pandemic levels in September for gasoline but there has been a reported drop off in diesel sales as loosening restrictions sparked energy consumption and economic activity.  Indian state refiners sold 2.2 million tonnes of gasoline, up 1.85% …

FIS Copper Technical Report

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Australia infections and Brazil production see iron ore surge

Iron ore futures surged above $121 on Wednesday on mounting supply concerns.   Australian defence personnel are being deployed to Port Hedland to help contain the coronavirus outbreak after 17 of the 21 crew members of a cargo ship were tested positive, reigniting concerns over supply disruptions.   Furthermore, exports from Brazil declined in the …