Tag archives: CS

Capesize Technical Report ( A Positive Divergence on the Jan-22 Futures) 17/12/21

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Daily Capesize Review 16/12/21

Capesize freight rates softened on limited shipping activities, as holidays season approached that slowed trading in the market. The Capesize 5 time charter average, then slumped down by $3,134 day-on-day to $24,003 on Thursday, after sustaining further losses in the paper market. The Baltic Dry Index (BDI) also dropped by $167, down 6.27% day-on-day, to …

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Daily Capesize Review 14/12/21

Capesize freight rates continued to weaken due to slow shipping activities and oversupplied market, amid holidays season. The Capesize 5 time charter average, then plunged down by $6,289 day-on-day to $32,838 on Tuesday, after a massive selloff in the paper market. The Baltic Dry Index (BDI) also dropped by $284, down 8.83% day-on-day, to $2,932, …

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Daily Capesize Review 13/12/21

Capesize freight rates softened with holidays season approaching, as market activities slowed down amid thin cargo list. The Capesize 5 time charter average, then decreased by $908 day-on-day to $39,127 on Monday, as holiday moods persisted in the paper market. The Baltic Dry Index (BDI) also dropped by $56, down 1.71% day-on-day, to $3,216, due …

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