Tag archives: DF

Daily Capesize Review 26/0/5/21

Capesize freight rates reversed into downtrend, due to thin market activities following the short working week paused by holidays in Asia and Europe. The Capesize 5 time charter average then dropped by $1,434 day-on-day to $29,620 on Wednesday, after a selloff in the market. The Baltic Dry Index (BDI) also dipped down by 1.96% or …

Continue reading “Daily Capesize Review 26/0/5/21”

FIS Castaway Podcast – Episode 26/05/21

    FIS Castaway Podcast – Episode 56   Scrap your friends and listen to this week’s podcast – Volatility in oil and freight, collapsing iron ore, and we take an in depth look at CME and LME steel and scrap contracts, as well as the upcoming SGX Shanghai rebar contract.     Listen Below: …

Continue reading “FIS Castaway Podcast – Episode 26/05/21”

Daily Capesize Review 24/0/5/21

Capesize freight rates spotted slight gains on the improving physical market, especially from better shipping demand in the Pacific market. The Capesize 5 time charter average then inched up by $232 day-on-day to $32,825 on Monday, as the paper market maintained its bullish run since last week. The Baltic Dry Index (BDI) also hiked up …

Continue reading “Daily Capesize Review 24/0/5/21”

Daily Capesize Review 21/0/5/21

Capesize freight rates inched up amid bullish sentiment in the paper market, though the physical market remained sluggish. The Capesize 5 time charter average then rose by $959 day-on-day to $32,593 on Friday, as the paper market extended its bullish run. The Baltic Dry Index (BDI) also went up slightly by 1.59% or 45 points …

Continue reading “Daily Capesize Review 21/0/5/21”