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Tag archives: CS
Daily Capesize Review 17/11/21
Capesize freight rates extended losses in seasonally lean period, amid weak iron ore and steel demand in China. The Capesize 5 time charter average, then slumped by $2,653 day-on-day to $25,406 on Wednesday, amid a selloff session. The Baltic Dry Index (BDI) then dropped by $161, down by 6.21% day-on-day, to $2,430, due to softening …
Capesize & Panamax FFA Daily Report 17/11/21
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Capesize & Panamax FFA Daily Report 16/11/21
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Capesize Dec 21 Morning Technical Comment – 240 Min 16/11/21
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Daily Capesize Review 12/11/21
Capesize freight rates slipped up after recent improvement, amid limited shipping activities in both basins. The Capesize 5 time charter average, then inched down by $298 day-on-day to $31,811 on Friday, amid a choppy session. The Baltic Dry Index (BDI) then dropped by $37, down by 1.30% day-on-day, to $2,807, due to softening freight rates. …
Daily Capesize Review 10/11/21
Capesize freight rates recovered further due to better shipping demand in the Pacific market, despite lengthy ballast list in the Atlantic basin. The Capesize 5 time charter average, then rose by $1,624 day-on-day to $32,099 on Wednesday, despite a choppy session. The Baltic Dry Index (BDI) then rose by $56, up by 2% day-on-day, to …
Daily Capesize Review 9/11/21
Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …
Daily Capesize Review 8/11/21
Capesize freight rates continued to book gains with improving demand in the Pacific amid thin trading activity. The Capesize 5 time charter average, then inched up by $815 day-on-day to $28,014 on Monday, recovering from recent corrections. The Baltic Dry Index (BDI) reflected the freight improvement with hike of $3, up slightly by 0.11% day-on-day, …
Daily Capesize Review 5/11/21
Capesize freight rates recovered some lost ground, despite bearish market sentiment over softening demand and lengthy ballaster list. The Capesize 5 time charter average, then inched up by $489 day-on-day to $27,199 on Friday, rebounding from recent slumps. The Baltic Dry Index (BDI) followed market corrections and dropped by $54, down 1.95% day-on-day, to $2,715, …