Tag archives: DF

Daily Capesize Review 3/6/21

Capesize freight rates continued its downward spiral, due to thin market activities following holiday in Brazil. The Capesize 5 time charter average, then fell further by $1,629 day-on-day to $22,102 on Thursday, after another rounds of selloff. The Baltic Dry Index (BDI) also dropped further by 2.29% or 58 points on-day to 2,472 readings, due …

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FIS Morning Report Tanker FFA 04-06-21

News Headlines: OIL DAYBOOK EUROPE: Saudis Increase Oil Prices for Asia; OPEC+ (Bloomberg) Saudi Arabia increased oil prices for customers in its main market of Asia by more than expected after Brent topped $70 a barrel and OPEC forecast global demand would outstrip supply over the rest of the year.     UN Urges Yemen’s …

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Daily DCE Review 3/6/21

Iron ore futures extended the bullish run throughout the week, despite softening of steel prices and Chinese authority’s call to stabilize commodity prices. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 1.88% on-day or up RMB 22 to RMB 1,194/mt on Thursday. The steel rebar contract on the Shanghai Futures …

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Daily Capesize Review 2/6/21

Capesize freight rates slumped from a sharp selloff, due to bearish market sentiment on the Atlantic basin. The Capesize 5 time charter average, then plunged down by $1,301 day-on-day to $23,731 on Wednesday, despite a recent rebound in the market. The Baltic Dry Index (BDI) also dropped by 1.48% or 38 points on-day to 2,530 …

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FIS Castaway Podcast – Episode 57 02/06/21

    FIS Castaway Podcast – Episode 57   All aboard the Commodity Express as we talk about the movers and shakers from the rollercoaster of freight and commodity markets this week.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-57/   Spotify https://open.spotify.com/episode/3Tu7McT76931ui6fgHrGq4?si=2Upof0N_Toq57n5yN69bVA   iTunes https://podcasts.apple.com/gb/podcast/episode-57/id1507094242?i=1000523903988         Disclaimer: This podcast is a marketing communication and is …

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