Tag archives: DF

Coming Soon – Physical Bunker Prices

Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.   The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and …

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FIS Castaway Podcast – Episode 54 12/05/21

    FIS Castaway Podcast – Episode 54   Iron ore is at record highs, driven by insatiable domestic Chinese demand. So, we have renamed it IronCoin in honour of its meteoric rise from last year. Hear all about it and our usual freight and commodity markets on this week’s podcast.     Listen Below: …

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Daily Capesize Review 11/5/21

Capesize freight rates faced slight correction after recent paper rally, as the physical market failed to keep up with the market optimism. The Capesize 5 time charter average then dipped by $339 day-on-day to $42,031 on Tuesday, following a selloff in the trading session. The Baltic Dry Index (BDI) also inched up slightly by 0.43% …

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Daily DCE Review 11/5/21

Iron ore futures had toned down from yesterday record-high session, but still maintained the upward momentum on bullish steel demand. The futures of Dalian Commodity Exchange (DCE) for September delivery inched up by 1.67% on-day or RMB 21.50 to RMB 1,306.50/mt on Tuesday, much lower as compared to high 10% increase seen on previous day. …

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Daily Capesize Review 10/5/21

Capesize freight rates rebounded on record high iron ore prices, which showed no signs of stopping due to the robust Chinese steel demand. The Capesize 5 time charter average then rose by $856 day-on-day to $41,514 on Monday, as market sentiment turned bullish with the meteoric rise of iron ore prices. The Baltic Dry Index …

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Daily Capesize Review 7/5/21

Capesize freight rates went into correction after recent paper market rally over thin physical market activities. The Capesize 5 time charter average then plunged into a sharp drop and went down by $1,338 day-on-day to $41,514 on Friday. The Baltic Dry Index (BDI) however dropped slightly by 0.90% or 29 points on-day to 3,183 readings, …

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Daily Capesize Review 6/5/21

Capesize freight rates dived sharply upon political risks with worsening relations between Australia and China and its impact on the iron ore trades. The Capesize 5 time charter average then reversed into huge losses and went down by $1,965 day-on-day to $42,852 on Thursday. The Baltic Dry Index (BDI) also dropped by 1.65% or 54 …

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