Tag archives: DF

Supramax March 21 Morning Technical Comment – 240 Min 02/03/21

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Daily Capesize Review 26/2/21

Capesize freight rates continued its downward movement, as the physical market flattened out in both basins. The Capesize 5 time charter average then dropped by $269 day-on-day to $11,934 on Friday, as liquidity dried up in the physical market. The Baltic Dry Index (BDI) also dipped by 1.47% or 25 points to 1,675 readings, amid …

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Daily Capesize Review 25/2/21

Capesize freight rates fell on market volatility, despite some upward momentum seen in the C5 in the paper market. The Capesize 5 time charter average then dipped slightly by $112 day-on-day to $12,203 on Thursday, amid a choppy session for the FFAs market. Thus, the Baltic Dry Index (BDI) also dropped slightly by 0.53% or …

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Daily Capesize Review 24/2/21

Capesize freight rates softened on thin shipping activities with much market uncertainty in both basins. The Capesize 5 time charter average then dropped further by $901 day-on-day to $12,316 on Wednesday, as the paper market traded at tight range for March contract. Thus, the Baltic Dry Index (BDI) reversed into losses despite the strength of …

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