FIS CASTAWAY – EPISODE 13

This week the team talk $6 million dollar bail, Cape splits, and EU travel bans; all this is alongside our usual in depth analysis of the supply and demand factors affecting commodity market prices.   Available now on the FIS website (www.freightinvestorservices.com/media )   Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw   And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242  

Steel futures up on mixed Coronavirus news

Iron ore futures extended gains on Wednesday as investors assessed risks from the Coronavirus pandemic.   There are worrying signs that the outbreak has worsened in Brazil, with the nation recently surpassing the mark of one million confirmed cases and 50,000 deaths.   Latest figures showed that Brazil added new deaths, bringing the total to …

ShipShape: The Long and Winding Road

It is one of the best-known Beatles songs from their final studio album Let It Be, but it also encapsulates perfectly the challenge many commodity markets face as they begin to recover from the enormous disruption of Coronavirus.   The pandemic has impacted every metric you can think of: quantitative easing, government debt, unemployment, share …

FIS Castaway – Eps.12 – Unprecedented Coverage in Unprecedented Times

This week the group discuss supply and demand in crude, freight, iron ore, and copper markets. We explore the reasons behind the freight markets jump, oil’s crawl upwards, and iron ore’s price stall, among other market news and trends. https://freightinvestorservices.com/blog/fis-castaway-eps-12-unprecedented-coverage-in-unprecedented-times/

The Baltic Dry Index – ray of hope or footnote in history?

COVID-19 will haunt a generation. Be it from personal loss of friends or family members, loss of employment or the loss of an investment. With nearly 8 million cases worldwide the pandemic has shown no sign of slowing down.   Global cases worldwide (source Bloomberg) Infection cases may continue to rise, creating further havoc for …

Iron ore futures fall as players take profits

Iron ore futures slumped on Thursday following some profit-taking activities as market participants turned cautious.   The iron ore market has seen great volatility, pushing towards $100 on supply concerns following disruptions in Brazil as well as strong demand from China.   The Dalian Exchange issued a notice earlier this week, urging member brokerages to …