FIS API Blog
Iron Rises With Brazil Flows, Australian Spat in Focus Iron ore futures gained as major producer Brazil continued to post lower shipment figures and investors tracked escalating trade tensions between China, the top iron ore buyer, and Australia, its largest supplier. Brazil’s daily average exports of iron ore and concentrated products was 1.04 million tons …
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Capesize June 20 Morning Technical Comment – 240 Min
Capesize June 20 Morning Technical Comment – 240 Min
Capesize June 20 Morning Technical Comment – 240 Min
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 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 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 …
Continue reading “Capesize under pressure from crude sell off”
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 …
Continue reading “Capesize in retreat despite higher bunker prices”
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 …
