Freight and Commodity Podcast 23/03/22

As LME trading has finally resumed, we investigate what has been going on alongside updates on freight, carbon and iron ore markets.   Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/ Spotify – https://open.spotify.com/episode/6rM3vwgfF6RmMeAINzIGgD?si=zvOt9K0vQ16kcpWqEZoKzg iTunes – https://podcasts.apple.com/gb/podcast/epsiode-92-23-03-22/id1507094242?i=1000554979045

Daily Capesize Review 22/3/22

Capesize freight rates fell further on the weak physical market outlook, as poor weather and stringent covid check in Chinese ports slowed shipping activities. The Capesize 5 time charter average, then dropped by $2,440 day-on-day to $18,041 on Tuesday, after market selloff sessions. The Baltic Dry Index (BDI) also decreased by $43 day-on-day, or down …

A Room with a Technical View 21/03/22

Capesize April Futures – The futures continue to hold in a bullish trending environment, but price is in a corrective phase. Downside moves on the daily technical that hold at or above USD 21,232 will support a bull argument, below this level the futures will have a neutral bias.  The RSI is above 50, supporting …