Tag archives: CS

Capesize Feb 22 Morning Technical Comment – 240 Min (RSI on Support) 13/01/22

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Daily Capesize Review 11/1/22

Capesize freight rates declined on limited market activities due to waning shipping demand from thin cargo lists in both basins. The Capesize 5 time charter average, then dropped by $1,897 day-on-day to $19,283 on Tuesday, due to the lack of shipping activities. The Baltic Dry Index (BDI) also dipped by $126, down 5.53% day-on-day, to …

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