A Room with a Technical View 25/1/22

Capes February futures- As noted last week the bear trend remains stable with the engulfing pattern signalling a potential short-term upside move, key resistance was at USD 14,750. The upside move failed to hold with the Futures trading to a low of USD 10,500, bringing fractal resistance down to USD 14,750, above this level the …

Daily Capesize Review 24/1/22

Capesize freight rates continued to drop on thin liquidity, amid the vessel oversupply and low seasonal demand market. The Capesize 5 time charter average, then fell by $455 day-on-day to $6,935 on Monday, due to the limited shipping activities. The Baltic Dry Index (BDI) also dipped by $24, down 1.70% day-on-day, to $1,391, due to …

Daily Capesize Review 21/1/22

Capesize freight rates fell on thin market activities, amid facing fierce competition from Panamax and Supramax cargo stems. The Capesize 5 time charter average, then dropped by $1,157 day-on-day to $7,390 on Friday, due to the scant shipping activities. The Baltic Dry Index (BDI) also dipped by $594, down 4.00% day-on-day, to $1,415, due to …

Daily Capesize Review 19/1/22

Capesize freight rates dipped further on limited market activities, while vessels supply had been gaining grounds after easing of port congestions. The Capesize 5 time charter average, then dropped by $744 day-on-day to $10,169 on Wednesday, due to the lack of shipping activities. The Baltic Dry Index (BDI) also dipped by $74, down 4.50% day-on-day, …

Freight and Commodity Podcast 19/1/22

The FIS Freight and Commodity podcast is back with us tackling what 2022 could have in store for us, as well as a weekly roundup of some of our main markets across the commodity complex.   Click Below to Listen: Website – https://freightinvestorservices.com/blog/fis-podcast-ep-84-19-1-22/ Spotify – https://open.spotify.com/episode/29iRVFK4hJmOqibi5Mapzu?si=NoqCRgZeQOK2afPrp-KfLw iTunes – https://podcasts.apple.com/gb/podcast/episode-84-19-1-22/id1507094242?i=1000548347941