Capesize June 20 Morning Technical Comment – 240 Min
Tag archives: CS
Baltic Index
Baltic Index Route De scription Siz e (MT) Value ($ ) Change BCI timecharter average Weighted average of the 5 T/C routes 180000 6257 -535 BPI timecharter average Weighted average of the 5 T/C routes 82500 6228 -87 BSI timecharter average Weighted average of the 10 T/C routes 58328 4582 +6 BHSI timecharter average Weighted …
Capesize Index
Capesize Index C2 Tubarao to Rotterdam (long tons ) 160000 3.706 -0.050 C3 Tubarao to Qingdao 160000 or 170000 9.206 -0.304 C4 Richards Bay to Rotterdam 150000 3.910 -0.040 C5 Wes t Aus tralia to Qingdao 160000 or 170000 4.086 -0.150 C7 Bolivar to Rotterdam 150000 or 160000 4.605 -0.195 C8_14 Gibraltar/Hamburg trans atlantic round …
Capesize June 20 Morning Technical Comment – 240 Min
Capesize June 20 Morning Technical Comment – 240 Min
Capesize under pressure from crude sell off
Capesize paper market went downhill on lower trading activities over bearish market outlook and falling crude prices. Trade participants were concerned over the sharp plunge in crude prices and its impact on bunkers and freight rates. As such, Capesize 5 time charter average went down by $525 to $9,556 on Tuesday, after a sharp sell …
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Capesize in retreat despite higher bunker prices
Capesize paper market continued to run out of the steam and fell for the third consecutive day amid bearish market sentiments. Thus, Capesize 5 time charter average dropped y by $394 day-on-day to $8,531 on Thursday, after it came under pressure in morning session that set the tone for the rest of trading day. The …
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Capesize drops ahead of holidays in Asia
Capesize paper market traded on narrow range as trade participants were concerned over several holidays in Far East in coming days. Thus, the Capesize 5 time charter average dropped by $150 day-on-day to $8,381 on Friday, as liquidity dried up ahead of the many holidays in Asia that limited shipping activities. Some Capesize demand had …
Capesize under pressure from low physical fixtures
Capesize paper market continued the downside with lower physical fixtures in view of coming May Labour holidays across countries. Due to lack of physical trading, the Capesize 5 time charter average dropped by $89 to $8,292 on Monday. Thus, many trade participants were expecting a sluggish week ahead of the many holidays in coming days. …
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Capesize mutes ahead impending May holidays
Capesize paper market slid to downward trend on limited activities ahead of the May Labor holidays. Thus, the Capesize 5 time charter average went down by $120 to $8,172 with impending holidays in the Asia, such as China and Japan enjoying their Golden week holidays soon. Minning majors like Rio Tinto and FMG were still …
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